@czar_light@financedystop Thank you.
Apparently 'max engagement farming' means crossing out the *anonymous* reddit username of whose post you're requoting.. (really @financedystop?)
@cjnewbury@rcwhalen@paulkrugman@HCashny@cjnewbury re: "it's the spending"
Indeed. So which parts of the military and SocSec/Medicare do you propose we cut?
(military + entitlements + debt interest are over 100% of tax receipts)
@chabot_ben@BrokenMoats "they will adjust the size of refunding auctions to maintain the same WAM as before the auction"
Tsy never said that, nor did that.
Tsy explicitly stated:
"Treasury believes it would be imprudent to try to replace the duration that buybacks remove by adjusting other issuance“
@MichaelMOTTCM@zerohedge 20-30Y Tsy bond buybacks = increased T-bill & note issuance. Latter typically bought by banks, 4% cap req = debt monetization via money multipler effect (96 cents "printed" per $1 purchased). Hence why PMs & crypto surged today while the USD tanked.
@PaulKrueger_@climbsolo
@MichaelMOTTCM@zerohedge@PaulKrueger_@climbsolo@crossbordercap refers to this as "Treasury QE"
As the debt monetization aspect is indirect (via private banks) vs standard Fed QE, it's not as commonly recognized/understood.
Watch bank asset levels & Divisia M4 for signs of the monetization effect this Treasury move will have
@MichaelMOTTCM@zerohedge 20-30Y Tsy bond buybacks = increased T-bill & note issuance. Latter typically bought by banks, 4% cap req = debt monetization via money multipler effect (96 cents "printed" per $1 purchased). Hence why PMs & crypto surged today while the USD tanked.
@PaulKrueger_@climbsolo
The Morgan Stanley Tech Momentum Index (MSZZTMTM) 17-day rate of change at -35.9%, marking the steepest decline in its 27-year history as of July 15, 2026.
This metric highlights a rapid, sharp pullback in technology sector momentum, consistent with what author @jvisserlabs Jordi Visser describes as “speed crashes” during AI-driven market cycles.