The Federal reserve announced “infinite liquidity in the banking system”. In other words, they are going to print as much money as needed to save the economy. What we are going to witness in the upcoming years, will be unprecedented. A fiat currency, backed by nothing, will be printed in insane amounts.
This is a very, very dangerous game that the central bankers started players. The good thing is, we can hedge ourselves against this with Bitcoin and gold (and also silver). With their fixed inflation, and in case of bitcoin also fixed supply, they will be a store of value.
In this video we also have a look at the charts of the DJI, gold and Bitcoin.
#Bitcoin #crypto #financialmarkets
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