Everybody is about to find out why Bessent & team fed Druck that AI slop & put him up to the WSJ 🗞️ OpEd…. Warsh will now inevitably get asked about the OpEd @ Jackson Hole 🕳️… & to everyone’s surprise 😮, he will answer along the lines of… “I think Druck has a point, we should let the market set rates, & if they are going to move higher 📈, Congress needs to begin to listen to what’s the market is saying & enforce more fiscal discipline!” After an initial hawkish move, w/ the 30-year yields jumping, bonds will stabilize & the WSJ will begin to discuss how Warsh Is restoring credibility to the Fed & the dollar 💵 & actually forcing discipline to control long-run inflation risk. But, as I have said before, this is all just an elaborate GOOD COP👮/BAD COP👮‍♂️routine. (I ask you, do you really think Druckenmiller & Warsh think austerity is the answer?? Do you really think Trump & Bessent brought in Warsh to actually enforce monetary discipline??)