Bill Mitchell provides analysis of the "public debt problem" in the US to show that there isn't any. So much for "Fixing The Debt," and "who will buy the bonds?"
As a proponent of MMT, I do not consider there to be a public debt problem in the US so the analysis presented here is out of interest rather than establishing anything substantive.
However, what it shows is that even within the voluntarily-constrained system that regulates the relationship between the US treasury and the central bank, the latter can still effectively buy as much US government debt as it likes.Bill Mitchell – billy blog
The US government can buy as much of its own debt as it chooses
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at the Charles Darwin University, Northern Territory, Australia