1min chapter

The Café Bitcoin Podcast cover image

Bitcoin was Made for This & Swan Private Macro Friday - March 17th, 2023

The Café Bitcoin Podcast

CHAPTER

Is It a Short-Term Liquidity Injection or Full-Burnt QE?

The term that it's outstanding for is a huge factor there. You could argue, hey, this wasn't full-blown QE. This was more true lender of last resort. We have to remember that anytime the Fed is providing liquidity,. It's not like the treasury where it's pre-funded. They created it newly out of thin air.

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