Ah ha! Here's where Dr. Paul Craig Roberts fortold the Fed would have to monitize the debt as it did on Nov. 3rd and what the consequences will be!
"The Federal Reserve will monitize the federal government deficit. The result will be high inflation, possibly hyper-inflation and high unemployment simultaneously." (this quote toward end of article)
Remember, the Federal Reserve is not a goverment agency it's a private bank. The name is like Federal Express is a private company also.
Here's the article:
Hope you are all preparing. . .