RE: This Is Why We Need Bitcoin
The time for PlanB has never been more dire, with the recent pandemic and economic crises resulting from it, the non-federal Federal Reserve is now printing $60 MILLION per minute
“The Federal Reserve’s balance sheet is growing faster than ever before. With some quick math, one finds that the Fed is printing some $60 million every minute.
In the past few weeks, the U.S. Federal Reserve has been extending itself to keep financial markets afloat. As Minneapolis Fed President Neel Kashkari said recently in a media interview, there is an “infinite amount of cash.” Certainly, the Fed is proving that true—by printing more currency in record numbers.”
It is insane (and mind boggling) when you ponder just how much fiat they’ve printed with their “infinite supply”.