Remember, QE was only temporary.
What your Uncle Marty is trying to say is that he thinks this time may be different.
You know what they say, "The first trillion is the hardest."
Stop the heist! Stand up for yourself, your future, and the future of your children. It's way over due at this point.
via Crypto VoicesElection day in US; to skip the politics and get straight to the money, here's our quarterly update. How do gold, silver, and government fiat money
Bitcoin still has a ways to go, but make no mistake, it is on the stage and seems to be gaining more attention as we move forward in time.
I find it hard to believe that the Fed and the Treasury have the wherewithal or ability to coordinate the necessary stimulus that would be needed to keep these loans afloat and avoid a collapse of the CLO markets.
I fear the combination of the Fed's balance sheet expanding at a pace never seen before in this country and helicopter money getting dropped to the plebs is not going to end well for anyone.
via Lightning LabsYour Uncle Marty was beginning to think that all of this virus and economic collapse hysteria was putting a damper on productive development on top on Bitcoin. Luckily
What's most interesting about the first two quarters of this year is that the world monetary base is on pace to decrease by 4%. This would be the first time that the monetary base has fallen, on balance, ever.
It seems as though we find ourselves in a hellish cycle. We find ourselves living in a time when the people at the bottom of the totem pole feel (justifiably) shafted by the system and are more than ready to get what they deem they deserve in the form of handouts
As it stands today, Bitcoin is ranked 12th in the world in terms of supply denominated in USD. If we exclude gold and silver from these calculations, Bitcoin moves up to #10.
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