The #Fed Playbook
Aug. 06, 2020
What's going on with Brrrr? Time for a thread. 👇
1/ Not much has changed for the Fed. Minus $4 billion on the balance sheet this week.
When your assets total $7 trillion that's barely visible.
2/ In net value the size of the 2020 #FOMC intervention dwarfs what happened in 2008.
But in percentage term that is barely the beginning. 👇
3/ So far the US Federal Reserve is getting what they wanted. They have prevented a total meltdown of the stock market.
But investors aren't blind to the side effects of money printing: #gold and #Bitcoin are on the rise.
4/ But #Bitcoin should be the fastest horse in this race:
- Lower supply after the halving.
- Smaller market cap than gold so more growth potential.
- Generational shift in preference between #gold and #BTC.
We might get a repeat of the growth after the previous halving events.
5/ So don't forget to #StackSats and be ready.
Problems: #FOMC #QE #CentralBanks
Solution: #Bitcoin
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