The Federal Reserve's one real job is to finance the Treasury and ensure the government can borrow at an appropriate rate (around 2%); therefore, the Fed has very little choice but to crash the economy until yields drop to a level where the government can fund itself sustainably.
causalpending
Speaker
Mike TaylorEvidence Quote
“the central bank has very little choice but to tank the economy until there is a spot on the yield curve where the government can fund itself”
Source
Biggest. Bubble. In. Capital. Market. History | Mike Taylor 1-on-1 With Keith McCullough— HedgeyeCreated: 8/10/2026, 11:06:55 PM
My Notes
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