When I was a young man, the only way to get Bitcoin was to jerk off the computer until it tucked an imaginary coin into your g string. And you couldn't buy anything with the coins! We did it for the love of the game.
https://fred.stlouisfed.org/graph/fredgraph.png?g=1OhYe&height=490
The end of an era. Fed has officially concluded Quantitative Tightening.
All maturing assets will now be immediately replaced with Treasuries. Representing about $40B a month increase in asset purchases vs prior 8 months.
We are gearing up for Dec rate cut and 2026 QE3 the next phase.
Like we always do at this time
I go for mine, I gots to shine
Now throw yo' hands up in the sky
I g-go for mine, I gots to shine
Now throw yo' hands up in the sky