On Friday morning in Asia, Thursday US time I posted on Trump’s stimmy thoughts:
- “We also might make a distribution to the people…We’re thinking maybe $1,000 to $2,000, it’d be great.”
Its not unusual for politicians toe hand out free money stimulus checks when the economy is struggling. I’m not too sure the econopmy in the US is struggling, but Trump apparently seems to think so.
Crypto has seen inflows, Bitcoin is above USD125K. I’ve seen renewed forecasts for a year end target of YS$200K I’ll have more to come on this separately. Trump’s admin proclaims itself crypto friendly, and indeed Trump’s familiy have seen huge monetary benefit from his policies. Pumping crypto is hardly a surprise.
