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
Central Bank Digital Currency (CBDC)
It is a digital fiat currency issued by the central banks, contrary to cryptocurrency that issued by non-legislative party.
All-Time-Low (ATL)
The lowest point (in price, in market capitalization) that a cryptocurrency has been in history.
Altcoin
Coins althernative to Bitcoin
Pump and Dump Scheme
A market manipulation method to drive up the price of an asset before profiting by driving it back down.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.