The Federal Reserve and U.S. Treasury are operating with conflicting policy objectives: the Fed is tightening financial conditions through rate hikes and balance sheet runoff, while the Treasury is proposing buyback programs to stabilize the bond market, effectively 'turning on the humidifier while turning on the dehumidifier at the same time.'
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Speaker
Unidentified Speaker — The Fed’s Ticking Time Bomb Is About To Explode | Joseph Wa… [yKqqbjyVEP0]Evidence Quote
“it's like the fed is turning on the humidifier and then the treasury's turning on the dehumidifier at the same time”
Source
The Fed’s Ticking Time Bomb Is About To Explode | Joseph Wang & Chris Whalen— Forward GuidanceCreated: 8/11/2026, 1:23:06 AM
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