Wow, so in just two days, the Fed is printing an amount of money roughly equal to the entire market cap of Bitcoin... but Bitcoin is somehow the problem and the Fed is somehow serving the best interests of the public. If people really believe that, I'm in the wrong line of work. I think I'm going to get into real estate and start selling beach-front property in Arizona...

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u/claytonkb quote
https://old.reddit.com/r/Bitcoin/comments/d5scv9/fed_printed_53_billion_out_of_thin_air_on_tuesday/

A crack just emerged in the financial markets: The NY Fed spends $53 billion to rescue the overnight lending market
https://www.cnn.com/2019/09/17/business/overnight-lending-rate-spike-ny-fed/index.html

Fed runs repo Tuesday amid worries about keeping its benchmark rate in check
https://www.cnbc.com/2019/09/17/fed-to-conduct-technical-repo-operation-tuesday-to-keep-its-benchmark-rate-where-it-wants-it.html

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