JANET YELLEN Y EL BALANCE DEL BANCO CENTRAL EUROPEO

Why do you think @secyellen is buying the long end of the YC? It's not to 'improve liquidity conditions'...

... it's to suppress US yields to keep EU Sov. Debt afloat.
85% of the ECB's balance sheet is subject to a rate shock.
Neither Gold nor Bitcoin can fix this. Only going… https://t.co/FMp0QTRDHD pic.twitter.com/emGYTPWd4C

— Tom Luongo (Head Sneetch) (@TFL1728) May 5, 2023