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Erik Voorhees, a prominent figure in the cryptocurrency sector, argues that the Federal Reserve relies on printing money to maintain low interest rates.
He suggests that this approach is a necessity to prevent runaway government debt. According to Voorhees, the academic terminologies used by the Fed are merely concealing the fundamental reality of this strategy. Additionally, he warns that delays in printing could exacerbate the problem by leading to higher money supply growth, which in turn devalues bonds.