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Bitcoin was Made for This & Swan Private Macro Friday - March 17th, 2023
The Café Bitcoin Podcast
QE Infinity Is the Only Thing That Solves the Fiat Debt Spirale
The Fed's balance sheet has to keep expanding to finance the debt spiral. The BTFP is a flocking way of QE infinity just with smoke and mirrors if Daniel Guimartino-Bruz wants to call it that. That was not the primary driver of the $300 billion increase in the balance sheet. What actually drove the bulk of the increase was something called the Fed's discount window.
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