Demand for Fed’s Bank Term Funding Facility Grows to Record High

Translated: The liquidity continues to increase so the price of Bitcoin continues to increase, the key to all this was given in August 2022 by Arthur Hayes.

They made us believe that they cut liquidity by raising rates but they invented new ways to create liquidity at the expense of the people, and as Arthur rightly said, Bitcoin is a proxy for global liquidity, Bitcoin is not fooling with what they are doing.

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Saw a post the other day that was saying that banks are engaging in an interest rate arbitrage opportunity that was created, because the BTFD borrowing rates are lower than the fed funds rate or something like that. Basically, they borrow from the fed, to then deposit at the fed, and profit the interest difference 😂

This is the clownery that fiat money allows to happen 🤡