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I kinda of think this is causing the current housing prices bubble.
by quangv 5y ago
I kinda of think this is causing the current housing prices bubble.
- newsbinator 5y agoPlease elaborate
- deleted 5y ago[deleted]
- lilSebastian 5y agoCare to explain?
- jeraldv 5y agoMore generally, this concept of creating money out of thin air, yes.
- intuitionist 5y agoTether’s total (on-chain) liabilities sum to a bit less than two months’ worth of Federal Reserve purchases of agency mortgage-backed securities. They’re huge, if they’re a fraud they’re probably the biggest ever, but in macro terms they’re small fry.
- tehlike 5y agoinflating crypto prices, people end up diversifying into real estate.