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49601932 No.49601932 [Reply] [Original]

>interest rate at 1%
>QT has barely begun
>s&p500 down only 20%
>unemployment is low, so fed can keep this up for a long time

And despite the above, the total crypto market cap is down almost 70%. Imagine what happens when interest rates are 3% and QT is in full swing

>> No.49602231

Bonus: on friday MBS went no-bid, meaning nobody in the market wanted to touch the toxic garbage fed was holding. Bond market basically forcing the fed to increase rates a lot faster than they are currently doing