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Whether the Federal Reserve is engaging in quantitative easing is purely semantic, according to Alden, who says all roads lead to debasement.
The US Federal Reserve is entering into a “gradual” era of money printing that will stimulate asset prices “mildly” but will not be as dramatic as the “big print” that many in the Bitcoin (BTC) community anticipated, according to economist and Bitcoin advocate Lyn Alden.
“My base case is roughly in line with what the Fed expects: to grow its balance…