RT @TheStalwart@twitter.com

A thing I've been thinking about is, who aesthetically prefers things like High-Coupon Bonds/Consols vs. who prefers The Coin. Economically, functionally, legally, all not really that different.

Yet one "end run" cuts out the Fed and primary dealers in the process. https://twitter.com/TheAtlantic/status/1617875799478239239

🐦🔗: https://twitter.com/TheStalwart/status/1617974999687594028