MemCast
MemCast / episode / insight
#dollar-inflation2#energy5#fed2#liquidity10
Gradual QE and modest balance‑sheet expansion limit macro stimulus for Bitcoin
  • The Fed is expected to increase the balance sheet by only about $40 bn of short‑term Treasury purchases, far less than past massive QE rounds.
  • Alden argues this “gradual print” scenario means macro‑level money creation won’t be a major catalyst for Bitcoin.
  • Smaller stimulus reduces the indirect boost that large‑scale liquidity injections can provide to risk assets.
  • Investors should therefore focus on asset‑specific drivers rather than expecting a macro‑driven rally.
  • The policy environment points to a more subdued, asset‑by‑asset performance landscape.
Lyn AldenNatalie Brunell00:26:20

Supporting quotes

Quote
00:26:20
“Gradual QE and modest balance‑sheet expansion limit macro stimulus.” — Lyn Alden
Quote
00:35:02
“Gradual print scenario means asset‑specific factors matter more than the macro backdrop.” — Lyn Alden

From this concept

Macro Policy and Liquidity Landscape

The Federal Reserve's shift to a gradual, modest balance-sheet expansion limits macro stimulus for Bitcoin. At the same time, liquidity and M2 have begun to diverge, creating occasional price-decoupling, while cheap oil keeps inflation in check, influencing mining economics.

View full episode →

Similar insights

“Large block trades force price moves by exhausting natural liquidity before market makers step in”

Rishi NangTitans Of Tomorrow

“VWAP algorithms follow the market’s liquidity curve, causing predictable intraday price patterns”

Rishi NangTitans Of Tomorrow

“Liquidity providers anticipate large order flow and adjust prices, creating a feedback loop that accelerates moves”

Rishi NangTitans Of Tomorrow