2min chapter

Acquired cover image

Bitcoin

Acquired

CHAPTER

Is the Government Printing a Lot of Money Into the Money Supply?

Government printed a bunch of money into the money supply. We did away with the requirement that banks hold ten per cent of of capital in reserve. So all the money that i was holding in my bank account, that anyone was holding in their bank account, earning interest on it was already really low and had been since two thousand eight now it's zero. And so what incentive does that create? That creates an incentive to just not hold cash, like if you want, and not hold bonds either. It certainly influenced my actions, actions of many investors and people all roud a world, probably yours too. Is the effect of this, which is interest rates go to zero. You're just

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