Oddbean new post about login | logout I think the recent letter from U.S. Senators asking the Fed for a 75bps rate cut was to provide top cover so when the Fed cuts 50bps, they can appear calm, controlled, and dovish by contrast. Further, it’s difficult to imagine that the Fed *won’t* resume QE policy. All roads lead to bitcoin.
I think the recent letter from U.S. Senators asking the Fed for a 75bps rate cut was to provide top cover so when the Fed cuts 50bps, they can appear calm, controlled, and dovish by contrast. Further, it’s difficult to imagine that the Fed *won’t* resume QE policy. All roads lead to bitcoin. nostr.fmt.wiz.biz