Lark Davis – China Money Printing = Bitcoin Explosion (31.05.2024 Summary)

Lark Davis – China Money Printing = Bitcoin Explosion (31.05.2024 Summary)

🖨️ 🇨🇳 China’s Money Printer Goes Brrr: Why It Could Pump Bitcoin to the Moon

According Lark, China is about to unleash a massive $140 billion stimulus package. And this money printing extravaganza could send shockwaves through the crypto markets, potentially causing a Bitcoin explosion!

👓️ Here’s how Lark breaks it down in simple terms: China is issuing 1 trillion yuan worth of long-term bonds to raise funds and stimulate its struggling economy. When a government issues bonds, it’s essentially borrowing money from investors. This newly borrowed cash gets injected into the financial system.

🦝 Now, this is where things get interesting for Bitcoin. As Lark explains, “Any money that gets spent eventually finds its way into the financial system.” With more money sloshing around, there’s increased competition among lenders, potentially driving down interest rates globally. Cheaper borrowing means more economic activity, investment, and consumer spending.

❗️ But wait, there’s more! Lark points out that China is also selling off U.S. debt, putting pressure on the U.S. to lower rates and flood the system with even more money. As Lark colorfully puts it, “Everyone’s printing baby, print it all!”

🧠 And where does all this newly printed money go? Lark believes a significant portion could find its way into Bitcoin, especially if a Bitcoin ETF gets listed on the Shanghai and Shenzhen stock exchanges, allowing mainland Chinese investors to get exposure to crypto.

In Lark’s words, “A tsunami of Asian money is coming, and things will get crazier than we have even possibly imagined.