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@BOMBERuss more from that month

Ha this week, the balance of the US Federal Reserve System will reach another historical high of $ 8, Z57 trillion. Seeing these winning figures, can we say that the fast-growing assets of the Fed accelerate the introduction of external cryptocurrencies? Consistent with the weekly report, the US central bank greedily collects mortgage-backed securities and treasury bonds, purchasing them for fresh dollars, sealed at its discretion. Now the Fed's balance sheet is an incredible $ 8.57 trillion. Are we seeing the formation of a dollar bubble? This does not noticeably end and the edges - - said a supporter of the cryptocurrency Anthony Pompliano. The money that is being created at a loss, pouring into the institutional financial infrastructure of America, keeps the percentage points in the US dollar economy almost at zero. To put it in the language of the Federal Reserve System, this should help to stabilize prices and maximize employment, that is, to meet the requirements of the US Congress. But in fact, the goal is to steadily raise prices, as a result of which people using the dollar get an incentive to spend their banknotes as quickly as possible, rather than saving them and spending them later. The supporters of monetarism want goods and money to change hands more often, and use quantitative easing to "lubricate" the wheels of the market. They are also afraid of deflationary periods, as indicated by the warning of Jerome Powell on the occasion of the economic depression caused by deflation, during and before the coronavirus pandemic. Zero-interest loans are an effectively profitable, incredibly profitable deal. None of those who cannot create a large part of their money supply at their own discretion for issuing loans does not lend their own money without interest. This is an artificial construction of the monetary system, which does not make sense for anyone's personal or business finances. So who will pay for it? There is an increase in the price of goods, and everyone continues to collect them. Higher prices for food and goods subsidize these zero percentage points. Higher prices for stocks and housing, as well as higher salaries for tuition and low interest rates on student loans, which must be paid. Does this accelerate the adoption of cryptocurrency? Of course! Investors who consider the current monetary expansion to be radical by the standards of 2008, protect and increase their savings in cryptocurrencies and other digital assets. #Cryptocurrency

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