Bloomberg: Of course, with the Fed intervening heavily on a daily basis, there won't necessarily be an immediate substantial reaction from a market that has been sedated into a virtual stupor. Nevertheless, in the fullness of time this may end up being an interesting test to the proposition that the government can borrow a practically limitless amount with impunity. Obviously inflation is the greatest long-term threat to the debt pile, though it is unlikely to materialize in the very short run.