Cash gets more expensive, ofcourse it puts pressure on assets. Thing is, how long van they keep it up and how long can they try n push bitcoin down?
Discussion
Worst case scenario AFAICT would be they raise FFR even higher to 6-7% and keep it there for a year. Ends catastrophically, of course, at which point they cut to zero and try to resuscitate the victim (dead economy). I have a bearish hard-money advocate friend who thinks BTC could drop to 1-3K again in that scenario. Me? I could see 10K again, lowest... But after that? Watch out! 🚀