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Open original source ↗Driving an inflationary loop 🔁 is literally the plan…
U don’t actually think Bessent doesn’t know how this all works, do you?
Sometimes it shocks me how naive sell-side research is… https://t.co/iieAvufiEz
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CITADEL WARNS BESSENT’S BUYBACKS COULD BACKFIRE Citadel Securities calls Treasury’s expanded bond buybacks “financial repression,” warning they could weaken the dollar and fuel inflation. Bessent’s strategy aims to suppress long-term yields, potentially using Treasury’s cash reserves to fund purchases. But Citadel argues intervention doesn’t solve the underlying problem of high deficits and inflationary pressure — it simply shifts stress elsewhere. The firm says lasting relief requires tighter fiscal policy and potentially higher Fed rates.
DeItaone ↗