by Summary:
Treasury still doing these pop up issues of Cash Management Bills to increase TGA and draining reserves ie “unprinting money!” this week.... to Kudlow and the other Monetarists there this should be a (to them) a bearish policy as it is reducing their “high powered money!”... also is in direct conflict with their own quarterly funding plan which said they wanted TGA at 800b by end of JUNE... missed their target by T.... hard to understand...
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Treasury still doing these pop up issues of Cash Management Bills to increase TGA and draining reserves ie “unprinting money!” this week.... to Kudlow and the other Monetarists there this should be a (to them) a bearish policy as it is reducing their “high powered money!”... also is in direct conflict with their own quarterly funding plan which said they wanted TGA at 800b by end of JUNE... missed their target by T.... hard to understand...
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Robert Vienneau writes Austrian Capital Theory And Triple-Switching In The Corn-Tractor Model
Mike Norman writes The Accursed Tariffs — NeilW
Mike Norman writes IRS has agreed to share migrants’ tax information with ICE
Mike Norman writes Trump’s “Liberation Day”: Another PR Gag, or Global Reorientation Turning Point? — Simplicius
Treasury still doing these pop up issues of Cash Management Bills to increase TGA and draining reserves ie “unprinting money!” this week.... to Kudlow and the other Monetarists there this should be a (to them) a bearish policy as it is reducing their “high powered money!”... also is in direct conflict with their own quarterly funding plan which said they wanted TGA at 800b by end of JUNE... missed their target by $1T.... hard to understand...
