The Fed releases balance sheet data updates every 7 days. The latest data shows that the Fed’s balance sheet performance is reaching an incredible 8.357 trillion U.S. dollars. A large amount of new funds poured into the financial infrastructure of U.S. institutions keeps the U.S. dollar interest rate. At a level close to zero.
Nasdaq recently reported that with the economic contraction and government stimulus measures increasing the global money supply, inflation concerns are obvious. Bitcoin has positioned itself as the perfect hedge against inflation. Unlike fiat currency, Bitcoin is not regulated by a central bank.
In addition, the financial news agency Benzinga also recommends using cryptocurrencies as part of an anti-inflation portfolio. The agency warned that as the US CPI has increased by more than 5.4%, inflation has become very real. Investors who do not consider asset portfolio allocation may find that their long-term consumption power declines in the future.
Post time: Sep-13-2021