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

The Café Bitcoin Podcast

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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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