Home Bitcoin News First Mover Americas: When $1M Bitcoin? – CoinDesk

First Mover Americas: When $1M Bitcoin? – CoinDesk

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The latter, popularly often called quantitive easing, could be inflationary, strengthening the case for investing in bitcoin and gold. In response to Hayes, the Fed can be compelled to launch yield curve management (YCC), a type of perpetual QE, which entails focusing on a longer-term bond yield by a central financial institution, then shopping for or promoting as many bonds as essential to hit that goal. The Financial institution of Japan has been operating the yield curve management program for six years and steps up liquidity-boosting bond purchases each time the 10-year yield threatens to penetrate the 0.25% cap.

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