Bitcoin Forum
November 11, 2024, 11:24:22 PM *
News: Check out the artwork 1Dq created to commemorate this forum's 15th anniversary
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: 8% jump in the USD Money Base in two weeks  (Read 728 times)
painlord2k (OP)
Sr. Member
****
Offline Offline

Activity: 453
Merit: 254


View Profile
January 03, 2015, 09:29:21 PM
 #1

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.

Possum577
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250

Loose lips sink sigs!


View Profile WWW
January 04, 2015, 12:57:27 AM
 #2

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?

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!