So what's the takeaway from this?
Are you implying that this would explain the recent drop in BTC to USD conversion? Are you just harping on about how follies of government currency controls?
Topic: 8% jump in the USD Money Base in two weeks (Read 718 times)
Just as the title say, I was compiling my charts comparing inflation of Bitcoin and USD Money Base (MB) and M1.
Copy&Paste the data, look at the chart and BANG!!!!
The MB jumped 8% (on yearly base) from the 0% of two week before.
Looked back at the data and the difference is USD 256 billions.
Apparently 100 billions will cover the new increase in the federal debt.
Where are the other 156 billions is a mystery we could solve in the future.
http://tinyurl.com/novzq57
BTW, another airdrop like this and Bitcoin exchange arte will turn back up again.
The last times they started this type of increases was for QE2 and QE3 and, at the time, the price of BTC soared like a rocket.
Copy&Paste the data, look at the chart and BANG!!!!
The MB jumped 8% (on yearly base) from the 0% of two week before.
Looked back at the data and the difference is USD 256 billions.
Apparently 100 billions will cover the new increase in the federal debt.
Where are the other 156 billions is a mystery we could solve in the future.
http://tinyurl.com/novzq57
BTW, another airdrop like this and Bitcoin exchange arte will turn back up again.
The last times they started this type of increases was for QE2 and QE3 and, at the time, the price of BTC soared like a rocket.
Jump to: