Haha it's meaningful if you have it

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You would have to spend it extremely quickly. Funnel it all into Bitcoin, I suppose, hence the ETF. Hard to find other markets that can absorb excess currency that efficiently.

Didn't Lagard call it the "safety valve"?

She called the American ETF a safety valve? That's quite interesting if so

No, she called Bitcoin the safety valve.

That's even more interesting.

"escape" is what she called it. Just checked.