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Trending # 5

Kaiseki

March 16th 2023
30 min
by @cryptohayes Trending # 5
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The Fed's new Bank Term Funding Program (BTFP) also stands for Buy The Fucking Pivot. BTFP is Yield Curve Control (YCC) repackaged in a new, shiny, more palatable format. It is a very clever way to accomplish unlimited buying of government bonds, without actually having to buy them.
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