By next week financials talking heads will conclude that dems have the upper hand and reps will cave. The reps know they will be blamed if no deal is made. Figure on the "rich" getting taxed, another round of stimulus and no real spending cuts. I predict our dollar will be halved before the end of this administration.
The treasury debt is presently going on the federal Reserve credit card aka federal Reserve bank at reported 80 percent of what is being issued. I suspect that the sneaks are pushing as much into 401 account via wall street but that is chump change compared to the trillion of treasury notes which will be paid via inflation by the usual method called debasement. We will be lucky to hold 50 percent of the purchase value of the federal Reserve notes. Inflation is much higher than officially reported