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Arthur Hayes Says, “Get your Bitcoin, and Get Out!”
Bankless
The Banking Sector Loses Their Appetite for Credit Risk, Right?
The Fed is buying very long term bonds, correct? That's also like a super important part of the story. So they didn't just lend to the US government on like an overnight basis or a one year basis because that was basically zero. The longer the bond, the risk year it is as interest rates change. And so from 2008, the banking sector probably loses their appetite for credit risk.
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