#fed

The charismatic founder of BitMEX has revealed his vision for the market. Spoiler: he moves liquid fiat money from treasury bills to cash and intends to invest it all in high-risk assets (bitcoin and other crypto, of course). Key takeaways from Arthur Hayes' post: 📌 S&P500 is up 40% in 3 months; 📌 Fed balance sheet will drop $100 billion every month; 📌 The market will get an extra $500 billion out of the Treasury General Account (TGA), which will accelerate inflation; 📌 When the money runs out (sometime in July), Congress will vote to increase the debt ceiling; 📌 The market will end up flooded with unbacked debt liabilities; 📌 The world's banks will be forced to resort to printing more money (this process has already begun). "The party has begun!", Arthur concludes.

Pedigree created a virtual shelter with 3D avatars of dogs who live in real-life shelters. Users can now bring a dog avatar into their virtual home and try to coexist with it. Additionally, interactive pets need to be fed, taken for walks, and they even know how to destroy things. They also resemble their prototypes quite closely. The Pedigree team is confident that this will help real dogs find families. Adoptions are available to Metaverse users at Pedigree.com/Fosterverse. The Metaverse visitors also have the opportunity to donate in support of homeless dogs.

James Gorman, CEO of Morgan Stanley, said that the world economy has come out of its peak. Positive changes were influenced by two factors: - inflation in the USA has reached maximum levels - relations between USA and China began to improve Gorman believes that China and the United States have finally agreed: instead of redistributing the world's prosperity among themselves, they have moved to the desire to increase it so that everyone gets more. Gorman also suggested that the Fed will not raise rates above 25 basis points next month. The crypto market seems to agree.