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![gpdwyer Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::780557762602295296.png) Jerry Dwyer [@gpdwyer](/creator/twitter/gpdwyer) on x XXX followers
Created: 2025-07-23 18:33:49 UTC

@GeorgeSelgin's argument is an argument for the Fed to sell assets, not an argument for continuing to pay interest on reserves. The two have to be coordinated, but it is hardly an impossible dream. Sell assets, then lower interest rate on reserves below T-bill rates and then lower it to zero. @tedcruz @RandPaul


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