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RE: The FED cut rates and Bitcoin... *crickets

in #bitcoin5 years ago (edited)

But that's not how it works. It is there, is lent out and paid back all under 24 hours. What happened actually resulted in a slight decrease in the total USD supply because of the 2.25% interest on the loan.

This wasn't QE where the Fed prints money and buys securities to prop up the economy.