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Debt saturation and the Fed! Bitcoin Tech Talk Issue #193

The Fed has been printing a lot of money since the world-wide pandemic started. On February 3, 2020, the M2 money stock was at $15.4T. As of June 18, 2020, it stands at $18.2T, an increase of 18% in just a few months. The money printing is done through loans, either to the government or to banks, many of them investment banks, which means that the debt level, and monetary supply increases with each loan made.

Article posted 3 weeks ago

 
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