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RE: FED to print close to $500 billion by year end - why Bitcoin matters

in #news5 years ago

Great article, mate!

Having quite a large balance sheet can only mean that any financial, or economic crunch to come could have even less cushioning from the government, as I'm seeing a weakening purchasing power, and I doubt the FED could take in more assets on their balance sheet, at least without provoked attention.

That said, such an artificial method of boosting the economy, without first strengthening fundamentals could backfire. So, if anyone ever needs to hedge with cryptocurrencies, now would be the time to do it.

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Yep. The invisible hand works until it doesn't. No one is bigger than the market and at some point that fact will be felt in a rather hard way.