@Jlotategracie43@nytimes@TheAthleticFC The issue is that they have never done this for any other major sporting event. They know people are trapped and already purchased match tickets. I sense a major class action lawsuit brewing.
⚡️If this is accurate, it confirms the structural shift we have been modeling.
Putting Bessent as Treasury Secretary and top economic adviser
with Hassett as Fed Chair
would be nothing less than a total inversion of the post-2008 monetary regime.
This is a regime rewrite.
The Fed would go from “independent guardian of price stability”
to a liquidity instrument aligned with the executive branch.
Treasury would become the ideological center of economic policy again.
Just like in the 1940s and 1950s.
That era ended with the rise of pure central bank dominance.
This would reverse it.
1. The combination implies coordinated policy to manage debt, liquidity, and growth simultaneously.
Bessent understands one thing extremely well:
You cannot shrink a debt load this large without blowing up the system.
You can only outgrow it or inflate it away.
Hassett understands political economy better than any Fed Chair in decades.
Together, this points toward:
• A return to financial repression
• Liquidity engineering
• Growth-first policy
• Soft-cap on yields
• Implicit QE structures
• Treasury-Fed coordination reminiscent of WWII
This supports asset prices.
It supports risk.
It supports Bitcoin.
It does not support savers.
It does not support fixed-income holders.
It does not support austerity.
This would be a world where owning assets is survival, and holding cash is slow death.
2. The markets will pretend to be confused, then realize how bullish this is for risk assets.
Why?
Because the era of “higher for longer” would be structurally over.
Hassett as Fed Chair = political Fed
Bessent as Treasury + top adviser = liquidity Fed
Together, they give Trump the ability to run a coordinated macro regime:
• Lower real rates
• Higher nominal growth
• Dollar managed through policy tools
• Deficits not treated as moral sin
• Controlled inflation tolerated
This is exactly the macro environment Bitcoin thrives in.
3. This is not just policy. This is ideology.
Powell represents the post-GFC worldview:
• Independent Fed
• Inflation hawk signaling
• Balance sheet normalization theatre
• Market discipline through rates
Bessent and Hassett represent a new worldview:
• Growth is priority
• National strength comes from liquidity and industry, not rate sermons
• Treasury and Fed must act together
• Deficits are not the problem
• Stagnation is the problem
• Real economy > academic orthodoxy
This is an ideological alignment between fiscal and monetary policy that we have not seen since the 1940s.
4. The deeper truth: This is a strategic move aimed at China.
A coordinated Treasury-Fed regime allows for:
• Industrial policy acceleration
• Re-shoring capital flows
• Dollar supremacy maintenance
• Controlled inflation weaponized against foreign creditors
• AI, energy, defense, and infrastructure spending without austerity constraints
This is geopolitical economic warfare.
It is the United States preparing for the next 10-year arc.