“What they did is they introduced yet another acronym RMP reserve management purchases which is another form of QE quantitative easing”
♫
Said on Bankless
“They moved rates up very quickly… they also shut down the QE and then pivoted to doing a bit of QT… bring inflation down without pushing unemployment up”
The Real Eisman Playbook · 5% Rates, Bessent's Failed Gamble & What Comes Next w/ Krishna Guha | The Real Eisman Playbook Ep 78
Play from 44:51
44:51
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What was described
raised rates quickly, shut down QE and pivoted to quantitative tightening (QT)
Said nearby on the same subject
“I ended up shutting down that company within six months of starting. It cost me a few million dollars to shut it down.”
♫
Said on True Wealth: money & business podcast
“They wanted to shut me down. I negotiated a three-month stay of execution and took up a proper business premises.”
GH
Guy Haddleton
The SME Stream ·
“The thing that actually treats that concern is by doubling down on the economy ... pivoting to the economy one ... works best”
RF
Rob Flaherty
Channels with Peter Kafka ·
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