The Monetary Policy Endgame and what it means for Bitcoin.
Recently, Rick Rieder, Chief Investment Officer of Global Fixed Income for BlackRock published an article on the BlockRock blog highlighting the economic policy state-of-play today, and where it may lead to should economic growth falter, productivity not materialize, and populism continue to thrive. While the Avengers: Endgame ended well for the world with Ironman being able to restore the world to the same state as it was before Thanos snapped his fingers, the same cannot be said for the implications of the current monetary policy being pursued by the Central Banks across the world. The changes brought about by Quantitative Easing(QE) are irreversible and there is no infinity gauntlet, which can by snap of fingers, restore the world back to the state it was before Central Banks resorted to QE . It means that we have to accept the reality and brace ourselves for impact as the endgame plays out.So how is the endgame is likely to play out? The Endgame According to Rick m