DrJeff on Nostr: “Bitcoin is [still] screaming for more liquidity.” The FOMC has a long and sordid ...

“Bitcoin is [still] screaming for more liquidity.”

The FOMC has a long and sordid history of not acting appropriately until it is forced to do so.

1. Too little, too late.
2. Too much, too late.
3. Repeat.

It soon may be forced to act.

quoting
nevent1q…3qpk

Despite the end of the shutdown, the Liquidity Blob remains stuck in the government’s coffers.

Bitcoin is screaming for more liquidity.

The 2-year Treasury yield is screaming for a lower fed funds rate.

But, sadly, the market screams are falling on deaf ears.

It’s painful to watch.