Conks

Conks

The Stealth Liquidity Squeeze

U.S. Treasury officials have reluctantly deployed covert tightening

Conks's avatar
Conks
Aug 15, 2023
∙ Paid

After easing financial conditions via a series of covert actions, monetary leaders can no longer pretend to tighten. The dark side of Quantitative Tightening (QT) has been unleashed, not by the Fed itself, but by the U.S. Treasury. The Stealth Liquidity Squeeze™ is here.

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2025 Monetary Mechanics Ltd · Publisher Privacy ∙ Publisher Terms
Substack · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture