Money Printer Go Brrr
By CoinGecko | Updated on Mar 24, 2020
A meme made to describe the US Federal Reserve resorting to unlimited quantitative easing or money printing to support the crashing traditional financial market. This was conducted as the entire global economy is heading towards a recession due to the COVID-19 coronavirus pandemic outbreak. "Brrrr" is also used to describe this around the internet in a shorter form.
Related Terms
Blockchain
In Bitcoin's case, blockchain describes its decentralized, public ledger which contains transactional information.
Wallet
Software client that handles storage of cryptocurrencies and allows users to send cryptocurrencies.
Bull Market
A bull market indicates the direction of the market going in an upward trend.
Virtual AMM (vAMM)
The vAMM functions similarly like an AMM but does not contain an actual asset pool.
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