2min chapter

Bitcoin Rapid-Fire cover image

What Is The 'Spirit' Of Bitcoin? - Broadening The Discussion On 'Upgrades' w/ Guy Swann

Bitcoin Rapid-Fire

CHAPTER

The Fed Opens Up Swap Lines to Central Banks

The Fed opened up swap lines to ECB, Bank of Japan and other central banks. All the international banks that are holding treasuries on their balance sheet, they can now access those swap lines at par value. And it just bears repeating how insane that is. It's not a scenario of the Fed and the Treasury and the government being between a rock and a hard place developing.

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