Welp looks like 2026 will be the year of the print?
Things I found interesting:
- RMP will be used to buy Treasury Bills the US government is running major deficits and that $2T hole isn’t coming from taxes
- Arthur has some nice tables showing how this shell game works
- The US Treasury will use this to lower mortgage rates
- 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.