I believe most people think the Fed and the Treasury are on the same team. I do not believe they are. And I think that is a good thing.
Discussion
Where do you see them being least aligned?
The treasury is led by the globalists, the Fed is breaking the Euro dollar market which funds much of the globalist agenda... Tom Luongo has a fascinating thesis on this. The disconnect from LIBOR, and switching US debt to SOFR is a key point...