Targeting the Fed tax

What is the default rate for US federal government? About a third of debt every forty years is a good number. Less than a point a year. Target that, write off debt if the default rate is too low.  That results in the general formula for a monopsony currency bank, a trend that generates direct inflation for gains to the owner.

The contract has a time limit, forcing renegotiation. Thus Congress incentivized to estimate losses, past and future. We are creating a inscribed axis, the default axis. The central bank has more freedom to operate a standard S&L on the front end, all traders know the future carries defaults In the front end, both savers and borrowers are approximately equally at risk for failing to account for defaults..