🔥 There is an infinite amount of cash in the Federal Reserve.

in HODL2 months ago (edited)

Hello!

What do you think will happen if we start printing money out of thin air for years?
Nothing. They have been doing it for years.

Until one day... Somebody created a new currency, a new asset class to fight this nonsense.

Bitcoin

If you think that printing this huge amounts of cash helps the economy, did you know that they increased the money supply a 25% just this year?

What are your thoughts about it?

I will bit my tongue and don't write what I think about how they are handling the whole situation...

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I don't have words to describe this photo... It's when Neel Kashkari said that they have an infinite amount of cash. Well, they have the ability to print whatever they want and flood the system with money.

This video captures the moment:

I know that handling this pandemic is really hard, but I can think a million thinks that could have done better. It pisses me off, we should be sovereign of our own destiny.
And there is not better tool than Bitcoin.
The more they print, the more money will go into Bitcoin.

Enjoy! 😊


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The government and their aim to control is baffling, I think I learnt about a particular economic concept that says a nation has soveriengty to print money out of nothing to take care of their needs. Its crazy imagine printing money out of thin air.

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That's what they do!
We should take care of our wealth and invest the money into safe assets like Bitcoin, gold, etc.

In the begginings of the XX century, Argentina was one of the most properous countries in the world. In the 30's they created the central bank (they didn't had one before). That and the protectionist and populist politics destroys Argentina's economy since then.

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Source: https://www.instagram.com/axelkaiserb/

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Didn't know that story!
Gracias por compartir los datos!
Saludos.