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Will the Fed Thread the Needle? with Itay Vinik
Bankless
The Liquidity Effects of the Current Environment
The market is having just like this spinal reflex of, oh, the Fed is pivoting in like the balance sheets going up, therefore it's bullish. And so what I'm seeing right now is like, I actually kind of make sense. There's more liquidity in the market, at least for now. So crypto assets and risk on assets are up like they would expect to be. That seems all normal, right? Right. The big question is, is this actual QE that the answer is probably not.
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