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.”

https://beincrypto.com/the-federal-reserve-is-now-printing-60-million-every-minute/

SavannahBTC Master Asked on March 29, 2020 in Bitcoin.
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2 Answers

It is insane (and mind boggling) when you ponder just how much fiat they’ve printed with their “infinite supply”.

Master Answered on March 29, 2020.
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