The Fed’s At It Again

The non-federal Federal Reserve is up to its same tricks, never before have we needed Bitcoin so bad as we do now. I shudder to think what another few years of this will reap…

Federal Reserve Injects Entire Bitcoin Market Cap in Days

“The Federal Reserve has been sneakily increasing the number of dollars in circulation over the last week. The latest injections look set to add as much as $162 billion to the total U.S. money supply — but the central bank is adamant that this is not a return to quantitative easing.

The U.S. Federal Reserve has denied that the latest round of money creation is permanent — instead claiming that it is a temporary measure. According to the Federal Reserve, it will be engaging in what it calls ‘temporary open market operations.’ The bank is essentially creating money to loan to other financial institutions.”

Master Asked on October 2, 2019 in Bitcoin.
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