Post #5662

US Treasury is launching its first buyback program since 2002, scheduled to start on May 29, 2024. Now they're calling this buyback but this is actually bailouts and money printing. The Treasury will hold weekly buybacks of up to $2 billion, with up to $500 million allocated for TIPS (Treasury Inflation-Protected Securities). TIPS are Treasury bonds that protect against inflation. Their principal increases / decreases with the inflation rate. Interest is fixed but payments vary as the principal adjusts to inflation. This buyback programs suggests the Treasury is now forced to improve liquidity to reduce vulnerability to sudden liquidity crises and enhance the market's ability to absorb shocks. This is wiping out losses, which is effectively PRINTING MONEY to BAILOUT Treasury holders. Hopefully we get an UPONLY crypto market till July