The Conscious Contrarian @arcticorangutan - 3d
This chart sheds light on why BTC hasn't caught up with M2. The expansion of global M2 is largely due to the expansion of Chinese credit (not QE) and hence not associated with an increase in Central Bank assets or necessarily an effect on markets like Bitcoin that are highly sensitive to liquidity nostr:nevent1qvzqqqqqqypzpujqhc4ksnu9ejq4vmeqsyux47qawsn74p39pj9au6m6s5qvwcd6qyt8wumn8ghj7cn9wehjumn0wd68yvfwvdhk6tcprpmhxue69uhkvctzd9skutnwdaehgu339e3k7mf0qy88wumn8ghj7mn0wvhxcmmv9uqzqrcv5xxc8v78rejxptd3dreuhjsnw37w8vfn3deeceq7qnt7wh87w99pv4
