Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: cheezcarls on December 11, 2019, 08:14:31 AM
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The global economy is in a bit of a quandary right now. Markers are on shaky performances, while Central Banks are doing every bit to keep their fiat economies trading above water. The United States’ solution to economic slowdown is quantitative easing, or purchasing securities from banks across the nation. The maneuver seems to be here, but what does this mean for Bitcoin (BTC)?
Quantitative easing isn’t a new trend. When interest rates begin to rise, the Fed has to pump more money into the economy through the purchase of treasuries. These give the banks more funds to lend at lower rates, and the process is not unique to the United States, either.
Source link here (https://beincrypto.com/bitcoin-could-moon-if-fed-initiates-qe4-by-months-end/?utm_campaign=amba&utm_medium=social&utm_source=altcoinstalks&utm_content=jc)