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preston 2y ago 💬 43

The Chinese central bank injected $92bn USD into the market on Friday!

This easily outpaces the Fed’s current QT.

Global M2 has already set a new all time high this year.

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Discussion

preston 2y ago 💬 1

Here’s the global M2 chart.

alanajoy 2y ago

?cid=2154d3d7ftby93xxkjmbpx474wkj07ok3dfu4pbfo3d0rhkf&rid=giphy.gif&ct=g

Steep 😳

Andy The Bitcoin Adviser 2y ago

You won’t ever need to show this in landscape! 🤣

Orange Cat 2y ago

Awesome, what's the full ticker for this? Screenshot is truncated.

Snapolino 2y ago

Does it include every currency or only the major once?

Only major currencies.

Looks like it’s ATH season again.

BitcoinKeegan 2y ago

This looks great!

coindrain 2y ago

We are back. LFG!🚀

Have you added BTC mkt cap to this?

Hu! I could not find that last bit of upswing when I was searching today. It’s kinda disappointing

SunshineAndBitcoin 2y ago

Breaking Records!! (Something needs to) 🙏🏼✌🏼

Macro_Jack 2y ago

Surprise surprise the S&P rebound is trending with global M2!

What’s your source for the chart? Would love to play around with the data.

thinkgreen147ce3cb68e 2y ago

What are the propping up? Cash goin where?

Hurley ₿ 2y ago

Wait what. China is printing USD now too? 😂

In USD terms.

Total global m2 92B, right? China injected more Bs to get it there, yes?

Bodhi☯️ 2y ago

Oh the joy of pointless tightening when we know they are just gonna have to Evian the debt again.

I wonder the lag time of when we will feel it in consumer prices?

⚡️⚡️🤯🤡🌎🤯⚡️⚡️

Can't think of a more direct path to hyperbitcoinization than global hyperinflation

oahu_road 2y ago

Have you consider 'everyone buying BTC' a cause for hyperbitcoinization?

Oh yes

Hutch ⚡️ 2y ago

Liquidity go brrrrr

Mike Brock 2y ago

We are past peak China.

Julien Nakamoto 2y ago

I used to be freaked out about inflation. Now, I kinda wish it happens.

Rookie numbers

Piriya ⚡🟧 2y ago 💬 1

guess we are done tapering? #[1]

Lycorisk 2y ago

ย้ายมานี่เต็มตัวเลยไหมครับ อจ....

XD

Renminbi Brrrrrrrrr

charisma_ni_zandro 2y ago

In simple language.What does this mean?

Satoshi Jobs 2y ago

Money printing as a method of attacking the us

Crazy. When will this implode?

Bitcoin likes liquidity !

SNED IT

Whelp — nice try Jerome 🤙

I guess the new axiom should be don’t fight the Fed unless your the pboc.

With consumer credit use so high it feels like something going to break soon.

ebb6dca8... 2y ago

Rut to raggy

#[1] #[3]