The Fed Has “No Limit” To The “Ammunition” And Firepower They Can Use: Enter Bitcoin
And this is why we need Bitcoin. Jerome Powell was on 60 Minutes last night and only bolstered the need for Bitcoin to combat the insanity of the Monopoly Money creators:
THE FED’S UNLIMITED AMMO HIGHLIGHTS IMPORTANCE OF BITCOIN’S DIGITAL SCARCITY
In a follow-up interview, last night on 60 Minutes Powell made comments that underscore the importance of the digital scarcity hard-coded into the Bitcoin protocol.
Powell claims that the Fed has “no limit” to the “ammunition” and firepower they can use to prevent further economic downturn. However, the more ammunition used, the better it is for Bitcoin.