Well, I just do not see any scenario in which the Fed could heal this bubble-financialized economy. Take the deflationary shock: it will crash the economy and bring extreme volatility on the streets if not more. Let the money printer run hot and You kill peoples existence with more inflation just to bring the same vola to real life. They trapped us with their stupid keynsianism and buying votes by spending purchasing power from the future.

GhostofTruth

bitcoin

Since Covid, the bitcoin price is almost exactly correlated with Fed liquidity.

rothbardllc

I understand the sentiment but we have to be careful what we wish for. 

That is true armageddon stuff if the Fed doesn't open up the firehose on liquidity right away.   They are 4+ months late as it is.

I'm watching the reverse repo data closely to see them pivot, it won't come on the headline interest rates, it's going to be behind the scenes with reverse repos.

