Arthur Hayes argues new Fed liquidity tool “RMP” masks renewed money printing

  • Posted on December 19, 2025
  • By Cointelegraph
  • 3 Views
Arthur Hayes argues new Fed liquidity tool “RMP” masks renewed money printing

Arthur Hayes' latest Substack essay argues the Federal Reserve’s new reserve management purchases resemble quantitative easing, expanding liquidity while being framed as a technical operation.
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