In an emergency move Sunday, the Federal Reserve announced it is dropping its benchmark interest rate to zero and launching a new round of quantitative easing. Why are the markets still failing? Bitcoin may be our only “opt-out”. In the long term at least..
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The stock market was open for 3 minutes and it hit the first circuit breaker.
Trading halted.
3 damn minutes!
— Pomp ? (@APompliano) March 16, 2020
Stocks halted for 15 minutes at open after S&P 500 drops 7%
Federal Reserve cuts rates to zero
https://www.cnbc.com/2020/03/15/federal-reserve-cuts-rates-to-zero-and-launches-massive-700-billion-quantitative-easing-program.html
QE4 Begins
https://www.coindesk.com/qe4-begins-fed-cuts-rates-buys-700b-in-bonds-bitcoin-rallies-7-7
Banks can now create unlimited free money. No kidding.
Banks can now create unlimited free money. No kidding. When you deposit $100 to one bank that bank can now take 100% of and deposit at another bank. On and on again and again to infinity. The American financial system is no more. Buy Bitcoin. from Bitcoin
Russia’s Central Bank Seeks to Ban Crypto Issuance and Circulation
https://cointelegraph.com/news/russias-central-bank-seeks-to-ban-crypto-issuance-and-circulation
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