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The Brrr Must Go On: Senate passes $1.9 Trillion Covid Relief Bill

The Brrr Must Go On: Senate passes $1.9 Trillion Covid Relief Bill



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18 Comments

  1. Good shit yankee doodles brrrrrr that fiat into crypto.

    So what ya’ll buying? Maybe we should start a poll so gives the rest of the world an idea of what will pump.

  2. tldr; The US Senate on Saturday passed a $1.9 trillion coronavirus relief package that includes direct payments of up to $1,400 to most Americans, a $300 weekly boost to jobless benefits into September and an expansion of the child tax credit for one year. The bill also puts new funding into Covid-19 vaccine distribution and testing, rental assistance for struggling households and K-12 schools for reopening costs.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  3. I’m curious how this second round of money printing will affect the velocity of money. During the first round the velocity of money went way down, which prevented high inflation, but this second round is coming amid loosening lockdowns. The US is either going to hyperinflate its currency or turn into Japan 2.0 which shockingly hasn’t had hyperinflation despite 25 years of stimulus and money printing

  4. This will be good for the market in general and more if they keep printing as they are, the market cap of cryptos sees no limit when countries just print money to keep up with everything, this will jump the market next week

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