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Thursday, Jun 24, 2021

Why the Federal Reserve’s Current Monetary Policy Will Benefit Crypto

Why the Federal Reserve’s Current Monetary Policy Will Benefit Crypto

Since the start of 2021, the crypto markets have been on an absolute tear. Bitcoin and Ethereum — two of the largest cryptocurrencies by market capitalization — are up 97% and 303% year-to-date, respectively.
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Oh ya 53 days ago
The end game is coming and you best have more than computer money. The Fed can NOT raise rates because the US government owes so much money it is borrowing now every year to pay just the interest so a higher rate would bankrupt the country even faster. Like it says the government is also borrowing 120 billion a MONTH trying to stop the stock market from imploding. Investing your deflating dollars in something is a good idea but a dot on a computer will not be your smartist move.
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