FED Suddenly Prints Half of Bitcoin’s Market Cap

banner-image

 🦂 $SCORP Pre-Sale Is Almost Sold Out: Famous Casino Launches Token with Daily Staking Rewards - 6 Million Raised with 10,000 Participants! 🚀

The United States Federal Reserve prints money and suddenly injected $53 billion in short term lending markets by buying US Treasuries and other securities for the first time since 2008.

Federal reserve prints money – another $75 billion today as money seemingly dries up with the culprit apparently being too much government debt offerings.

“There is often not enough cash on hand at major Wall Street firms to meet the funding demands of a market trying to absorb record Treasury bond sales needed to cover U.S. budget deficits,” Bloomberg says.

 🎲 Famous Casino Launches Token with Daily Staking Rewards - $6 Million Raised with 10,000 Participants! Pre-Sale is almost sold out 🚀

Short term lending rates jumped to 10% before FED intervened, with suggestions now they might have to turn on quantitative easing printing presses. According to Bloomberg’s own commentary:

“These wild few days show that there’s not enough reserves — or excess money that banks park at the Fed — in the banking system. That means traders are this week having to pay up to get these funds, even as bank reserves total more than $1 trillion. And it suggests the Fed may again have to grow its $3.8 trillion balance sheet through quantitative easing, or debt purchases that create fresh reserves.”

The government is borrowing about a trillion a year, and that borrowing rate is increasing, with much of it going towards paying interest rates on some $21 trillion previously borrowed.

 🦂 $SCORP Pre-Sale Is Almost Sold Out: Famous Casino Launches Token with Daily Staking Rewards - 6 Million Raised with 10,000 Participants! 🚀

There appears to be no substantial plan to do anything about this record breaking borrowing, but the President of the United States, Donald Trump, does appear to have a tactical plan.

The first part of it was to effectively order FED to cut interest rates, which after some reluctance they did do.

Then, he asked them to cut it further as well as to turn on the printing presses, or quantitative easing in the financial jargon.

This latest news may well suggest the FED will do that too, meaning in a way the United States may well monetize its debt as a devaluation race to the bottom continues globally.

🎲 Famous Casino Launches Token with Daily Staking Rewards - $6 Million Raised with 10,000 Participants! Pre-Sale is almost sold out 🚀

April 20, 2024

Discover the top DeFi projects attracting whale investments now: Avalanche, Chainlink,..

April 20, 2024

Milei Moneda presale continues to defy market odds, gaining momentum even..

April 20, 2024

Algotech(ALGT) investors are excited as presale results in massive gains as..

ads-image ads-image