Financial repression via - Increasing capital controls including restrictions on external (foreign) investment by Americans - Encouragement and later compulsion of US institutions to hold more bonds - Later, the prior point, but at yields below what the market would demand - Credit directed at domestic industry as contingent state liabilities (Fed guarantees) - Later, possibly, restrictions on some forms of private sector credit creation, and potentially of hard asset ownership The through line: government prioritization of its own spending needs above that of the private sector, and corralling/coercing capital as necessary to achieve it.(𝐓𝐗𝐌𝐂)