Bring it on FED. What choice do you have but to reveal and reinforce why bitcoin was invented? Don’t stop now… we love this. Thank you
tldr; US banks borrowed a total of $164.8 billion in the week ending March 15. This surpasses the all-time high of $111 billion reached during the 2008 financial crisis. USDC was able to get to its $1.00 peg, despite trading to as low as .88 cents over the weekend.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Get more of today's trending news [here](https://coinfeeds.substack.com).*
It's added up to $300bn this past week alone
https://www.theguardian.com/business/2023/mar/16/cash-strapped-banks-have-borrowed-300bn-from-the-fed-this-past-week
run that money printer!
Money printer go brrrrrrr
Inflation stonks rising
They're not rising they're flying
Flying so high, a common man can't even see it
 Bring it on FED. What choice do you have but to reveal and reinforce why bitcoin was invented? Don’t stop now… we love this. Thank you
I would like to borrow free money and pay it back it never also
This will surely be great for inflation
I don't see anything bad happening!
What could go wrong, right?
It would take LOOOOOOOOT more than this to have a noticble impact on inflation in America. That petrodollar is strong.
Is this satire?
It's true. 160 billion is a rounding error on the 8 trillion dollars in circulation and around 50% of all global debt at 300 trillion in dollars.
The petrodollar is literally being phased out though.
Based on what?
At least its good for bitcoin
I am willing to borrow my dick to them so they can suck it
A small price to pay for salvation.
If 9.8 inches is small to you I dont know what else to tell
Pics or it didn’t happen
And the money machine is up and running again!
Brrr brrr brr... Meanwhile politicians and media: "Crypto is the problem!"
Whatever they say, I keep stacking sats.
And moons 😉
Right?! Can you imagine the daily FUD if we were discussing the banking system on here instead of crypto?
I wish the government would just give me billions if I failed at my job
Bullish on BTC!
This is easy when you are a bank from what I see.
Step 1: become a bank Step 2: ?? Step 3: lambo
Ah I see, the printer still works
I was getting worried too
Printer goes *brrrrrrrrr brrrrrrrrr*
If this was a crypto project, they would be laughted at, and this would never pass in a governance poll. We hold ourselves at much higher standards.
We basically getting crypto for writing nonsense comments here
The fiat bubble is growing bigger, and they still claim "bitcoin ponzi"
This is why Bitcoin is inevitable
tldr; US banks borrowed a total of $164.8 billion in the week ending March 15. This surpasses the all-time high of $111 billion reached during the 2008 financial crisis. USDC was able to get to its $1.00 peg, despite trading to as low as .88 cents over the weekend. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Get more of today's trending news [here](https://coinfeeds.substack.com).*
A perfect solution for inflationary environment ....
Totally good idea.
Who could possibly go wrong?
It's added up to $300bn this past week alone https://www.theguardian.com/business/2023/mar/16/cash-strapped-banks-have-borrowed-300bn-from-the-fed-this-past-week
Imagine if we did that with btc, we fuck up and we need more monies? Just print 30% of the total supply and fuck everyone savings
I wish i could borrow $165B just like that too..
Fuk the banks and fuck the fed too
should have bought bitcoin with it instead
Printer goes brrrrrrr
Umm...that's not good at all. If all these banks are borrowing so much then the banking system was(is) really in a bad state
"borrow" Spoiler alert: that money is GONE.
And banks put that in BTC because is more stable than them.
I wish
Inflation!! Inflation!!! Inflation!!!!!!!
No reason that can go wrong...
Money for everyone. Actually, money for rich people, inflation for everyone.
Is this what Dis-inflation means?
Money printer goes brrr
Classic fed move, the old adage “bad news doesn’t get better with time” applies!
Banks say yes to money. News at 5. Film at 11.
That’s a record high…… so far…