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7% is a normal Monday for bitcoiners. Not for the fiat world
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But the illiquidity of the system is frightening
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Yes it is. How do you think this will play out?
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Possibly an intermeeting Fed rate cut this week?
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That's what Jeremy Siegel just called for on CNBC
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I really don't see a panic based rate cut coming as they have other facilities in place to inject liquidity. But who knows? CB politics are a black box now
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My stock portfolio has dropped 39% in the past couple of weeks and I'm like "whatever".
7% doesn't sound like much, but I know that in certain contexts it is.