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TThe Macro ButlerThe Macro Butler@TheMacroButlerSubstack · channel · 449 subscribers

PostThe house always wins — until the day it discovers it has been playing with borrowed chips.

9 September 2026
T
The Macro Butler
The house always wins — until the day it discovers it has been playing with borrowed chips.
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TThe Macro ButlerThis is government in its purest distilled form: criminalise an activity, discover it's profitable, demand a cut, then rewrite the law because the treasury is dTThe Macro ButlerAt Southern Methodist University, full of his arrogance, Treasury Secretary ‘Scrooge’ Bessent informed the world's currency traders: "I am the house now. You ca
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TThe Macro ButlerHaving declared himself "the house," ‘Scrooge’ Bessent proceeded to show his hand: a $6 billion cap on 20-to-30-year buybacks, against a $10 billion whisper numTThe Macro ButlerThe house that must announce it is the house has already told you who is really holding the cards.
TThe Macro ButlerThe Macro Butler@TheMacroButlerSubstack · channel · Business
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