Let the money printing begin

avatar
(Edited)

Did somebody say bitcoin?

The federal reserve will inject about $500B in the next 30 days or so.

This is to stop a year end catastrophe in the repo markets supposedly.

This will take the FED's balance sheet to a new all time high, all be it briefly.

Lovely!

(Source: https://cointelegraph.com/news/us-fed-to-print-425b-for-new-years-3-times-bitcoins-market-cap)

(Source: https://www.zerohedge.com/markets/avoid-repo-crisis-fed-will-flood-market-gargantuan-365-billion-year-end-liquidity)

moneyprinting bitcoin busy palnet steemleo neoxian blog
0
0
0.000
2 comments
avatar

Hmmm they keep pumping money in the system. It´s not that they actually started with it. They just keep printing money.
And they will lower the interest rates in the next years. So there will be more money to pump into the system.
That will help other assets (like BTC) help increasing their value.

0
0
0.000
Reply