Fiat Ponzi: The week of the central banks
This promises to be an interesting and volatile week on the markets! A number of central banks will adjust their interest rates and loosen credit conditions further. The interest rate trend is already pointing downwards, as the bond markets are setting monetary policy with rapidly falling interest rates across the yield curve! Most notably, the Federal Reserve will cut 25 or 50 basis points on Wednesday. The fun part of the liquidity cycle begins now as the global money supply is already growing strongly!
#fed #bitcoin #monetarypolicy #inflation #fiatponzi 
