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#1356 Kyle Bass | Bitcoin Could Explode On Global Chaos
The Pomp Podcast
Manage Growth with Caution
The rapid increase in the Federal Reserve's balance sheet, expanding from $990 billion to $9 trillion within a short span due to the COVID-19 pandemic, highlights a significant and unprecedented monetary expansion. This aggressive boost of 40% in the money supply in just 18 months reflects a reckless approach, driven by uncertainty regarding the virus's mortality rate. Such swift monetary policy changes necessitate careful management to avoid potential long-term consequences.
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