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21 sats \ 1 reply \ @fiatbad 3 May 2023 \ on: The Market Is About To Be Shocked With A "Treasury Buyback" Operation Twist bitcoin
But this is from October 2022, right?
The treasury has been providing the liquidity lately while the Fed continues to tighten. But now the treasury's cash position is almost at zero which is why the debt ceiling must be raised soon. No one left to provide liquidity at all.
Who's still buying these silly government bonds?
Silly oversight. I thought it seemed pretty familiar.
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