The Treasury is sticking to short-term debt–six-month T-bills–for a reason. Why?
Because they’re betting on a regime change at the Federal Reserve.
Ready to cut rates. Ready to steamroll the resistance. So what happens next summer? More money printing. More fuel on the fire.
The writing is already on the wall–and this next cycle could make the last one look tame.
#SchiffSovereign #JamesHickman #MoneyPrinting #FederalReserve #QE #InterestRates #JeromePowell #EconomicPolicy #USDebtCrisis #InflationAhead #PrepareNow #SmartMoney #FedPivot
#short