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Wow great news guys. Federal Reserve of US showing interest in Bitcoin. That's really amazing

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In the midst of preparing for a global epidemic and monetary crises, the Federal Reserve convened a crisis meeting where it announced a rate cut to zero and announced a massive $700 billion quantitative easing (QE) programme. Since then, we've seen a significant improvement in the Fed's accounting report as well as an increase in monetary resource costs. Trillions of dollars of liquidity were infused into the economy to forestall a worldwide stoppage that might have equaled the 2008 worldwide monetary emergency.

The consequences of this liquidity infusion are obvious – as Howard Marks as of late said, were in an Everything Bubble. Around 25% of all worldwide government obligation is negatively-yielding. Value markets are breaking record-breaking highs consistently, with more than $600 billion streaming into worldwide value assets as of August 2021 (comparing to $4B/day). There were more than 100 SPAC IPOs in March 2021 alone.

https://www.hynjoku.com/federal-reserves-increasing-interest-in-bitcoin/

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