Fortunately for the US, the immediate adverse impact on borrowing costs would be alleviated, if not nullified, by investors’ lack of readily available alternatives to US government bonds, as well as a Federal Reserve that has been buying large volumes of US Treasuries. But this is not a long-term risk worth taking.
对美国来说，幸运的是融资成本的即期负面影响会因为投资者缺乏能够替代美国国债的现成投资目标以及美联储大量购买美国国债而有所减轻（即使不是完全消除的话）。但从长期看就难说了。