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Arthur Hayes Says, “Get your Bitcoin, and Get Out!”
Bankless
The Fed's quantitative easing: What it is and how it works
Quantitative easing is when the Federal Reserve buys government bonds in order to increase the supply of money in the economy./nThe $4.4 trillion that has been guaranteed means that anyone who wants to can exchange their notes for cash./nThe next question is how to get to a million dollar Bitcoin. The answer is that it will be difficult for any bank that has a majority of its loan book in nonUS Treasury securities to survive the pressure.
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