FED IS PRINTING MORE MONEY !
Their balance sheet has surged by $400 billion in two weeks ๐ฎ
Will this lead to another #Bitcoin bull run?
๐งต(1/8)
Their balance sheet has surged by $400 billion in two weeks ๐ฎ
Will this lead to another #Bitcoin bull run?
๐งต(1/8)
โข FED is doing this for Quantitative Easing.
โข Quantitative easing is a form of monetary policy where a central bank acquires securities.
โข These include government bonds or mortgage-backed securities, to increase the money supply and bank reserves.
๐งต(2/8)
โข Quantitative easing is a form of monetary policy where a central bank acquires securities.
โข These include government bonds or mortgage-backed securities, to increase the money supply and bank reserves.
๐งต(2/8)
โข By doing so, the central bank is essentially adding assets to their balance sheet and pumping US dollars into the banking system.
โข This practise increases the domestic money supply and liquidity for banks.
๐งต(3/8)
โข This practise increases the domestic money supply and liquidity for banks.
๐งต(3/8)
โข The vast majority of fiat currency out there is not actually physical, but rather credit that has been digitally created in a bank ledger.
โข Debt creates new money, as not all debt is backed up by actual US dollars.
๐งต(4/8)
โข Debt creates new money, as not all debt is backed up by actual US dollars.
๐งต(4/8)
โข This increase in money supply can be inflationary and has historically been bullish for assets like #Bitcoin, as it is a hedge against money printing.
โข It's important to note that CPI inflation is not the same as money supply, as it also includes other factors.
๐งต(5/8)
โข It's important to note that CPI inflation is not the same as money supply, as it also includes other factors.
๐งต(5/8)
โข The last time the Federal Reserve printed this much money, it started a major bull market.
โข It will be interesting to see if history repeats itself, and if we will see another bullish run in Bitcoin
๐งต(6/8)
โข It will be interesting to see if history repeats itself, and if we will see another bullish run in Bitcoin
๐งต(6/8)
Are we going to see $BTC break 30k this weekend?
๐งต(7/8)
๐งต(7/8)
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๐งต(8/8)
1. Follow me @ourcryptotalk for more of these
2. Tell us what your favourite coin is doing at the party
3. RT the tweet below to share this thread with your audience
๐งต(8/8)
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