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Welp looks like 2026 will be the year of the print?

Things I found interesting:

  1. RMP will be used to buy Treasury Bills the US government is running major deficits and that $2T hole isn’t coming from taxes
  2. Arthur has some nice tables showing how this shell game works
  3. The US Treasury will use this to lower mortgage rates
  4. BTC to $200k by March

Take what you will but I always enjoy Hayes’s writing style. To bring flare to something as boring as banking takes real talent.