RamenPanda
RamenPanda|Jul 04, 2025 02:57
The latest article by Arthur Hayes, a black man, pointed out that the enthusiasm of the US government and banks for stabilizing the currency is not for financial freedom, but for solving the problem of treasury bond. He believes that by issuing JPMD stable currency such as JPMorgan Chase, banks can turn 6.8 trillion US dollars of deposits into funds for purchasing short-term treasury bond, increasing profits and supporting the market. If the Federal Reserve stops paying reserve interest, it can also release $3.3 trillion to buy treasury bond bonds. This policy, although not traditional quantitative easing (QE), has a similar effect and can bring benefits to fixed supply assets such as Bitcoin, as well as the stock of JPMorgan Chase. Hayes emphasized that if investors expect traditional QE, they will miss the opportunity to exit liquidity Little Black Hero shares similar views. Positive for Morgan's stock price, positive for Bitcoin, not positive for Ethereum
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