The #Fed Playbook
Aug. 20, 2020
What's up with the Federal Reserve this week? Time fo a thread. 👇
1/ The balance sheet is back above $7 trillion. We are probably not going to go very much below that this year.
2/ Since the start of the #Fed intervention this year that's $2.8 trillions added.
Sure that's a lot of money... but in percentage that's only a 65% expansion.
There is a lot more room for growth if we compare to what happened after the 2008 crisis. 🧐
5/ What's the conclusion to that?
Don't waste time, go #StackSats!
Problems: #FOMC #QE #CentralBanks
Solution: #Bitcoin
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