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TopicBitcoin dropping below 9k
Sad_Face
09/28/19 1:55:09 AM
#46:


^Venezuela and Argentina have both gotten slapped with hyperinflation. The Chinese yuan also got hit hard where it inflated in the past few months. I recall the story was that Trump was accusing them of currency manipulation while others saying they were trying to protect their currency from further inflation. I have to reread what happened. There's also the Federal Reserve currently doing a repo operation, repurchase agreement, injecting $75 billion per week day from last week till October 10th I believe. I'm not at all familiar with what a repo operation is so I am going to spend my time reading up on it this weekend.

Fascinating stuff when you start learning to invest.
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