The host disagrees that Treasury bill issuance ratios constitute true yield curve control, arguing that moving from 22% to 18% coupon issuance is 'small ball' compared to the Federal Reserve's infinite printing capacity and that genuine yield curve control requires an explicit cap (e.g., 2% maximum on 10-years) backed by unlimited central bank purchases.
normativepending
Speaker
Unidentified Speaker — Asset Bubble Crescendo Until 2027 Collapse When U.S. Treasu… [xABqbKt5-I4]Evidence Quote
“yield curve control is when the the central bank, which can infinitely print money, says, '2% that is the top level'”
Source
Asset Bubble Crescendo Until 2027 Collapse When U.S. Treasury Market Implodes, Argues Mel Mattison— Forward GuidanceCreated: 8/12/2026, 6:43:41 PM
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