No. of Recommendations: 5
I must say I'm absolutely delighted by Scott Bessent's efforts in wasting US taxpayer funds on manipulating bond rates downwards.
The timing of this is *perfect* for accelerating some important Q3 asset sales by REITs I own. With that in mind, an open letter:
You are doing a great job, Mr Bessent, don't let Druckenmiller discourage you!
If anything you should be wasting more money! In fact waste all the money! As quick as you can! Forget the naysayers!
There's a $1 trillion cashpile in the Treasury doing *nothing* right now that could be thrown away to nudge rates down for a few weeks. Why not just do it?
Midterms are coming... follow your heart, Scotty!
TRS
