MemecoinTrader
Speaking of BTC's recent price movements, we first need to revisit some old and familiar cases from economics textbooks.
Remember the inflation wave after World War II? Central banks franticly printing money, causing prices to soar. How did they clean up the mess later? By shrinking the balance sheet. But that directly dragged the economy down. When they realized something was wrong, they could only turn around — continue to fire up the printing presses. This set of operations has long been a classic textbook example, though each generation believes they can avoid the trap.
Now it's 2024, and
View OriginalRemember the inflation wave after World War II? Central banks franticly printing money, causing prices to soar. How did they clean up the mess later? By shrinking the balance sheet. But that directly dragged the economy down. When they realized something was wrong, they could only turn around — continue to fire up the printing presses. This set of operations has long been a classic textbook example, though each generation believes they can avoid the trap.
Now it's 2024, and