Thriller Rundown - S3EP8: Is This Why Bitcoin Matters?
Thriller "A Bitcoin Zine" · Car
September 20, 201919m 2s
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Show Notes
<p>The Rundown </p>
<p>The US Quietly Printed $75 Billion out of Thin Air (For the Banks). This Is Why Bitcoin Matters </p>
<p>The United States Federal Reserve has suddenly injected $53 billion in short term lending markets by buying US Treasuries and other securities for the first time since 2008. They are to print another $75 billion today as money seemingly dries up with the culprit apparently being too much government debt offerings. </p>
<p>“Banks get the overnight capital they need by pledging collateral, usually Treasury bonds, in exchange for cash. When the Fed provides the cash, they basically print the…</p>