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Pierrick
@pierrick
Any good resources to understand the current financial situation? The US gov is printing like crazy, yield on bonds and treasuries is going up a lot. On the other side, stock market is going down cause it is now more expensive to borrow. What I don't understand is that the dollar is devaluing so stock should go up no?
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Fidel Ramos
@framos.eth
US gov is borrowing like crazy, i.e. issuing more debt, but AFAIK the Federal Reserve is not printing more dollars... yet... I believe the Federal Reserve will resume printing next year. This was @balajis.eth's point for his $1M BTC bet, he was just (purposely) off to warn people in advance.
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