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
Bots
Refers to software or programmes that automatically trade based on preset behaviours.
Margin Trading
It is a way of investing by borrowing money from a broker (or in crypto, an exchange or platform) to trade
Mining Rig
A dedicated hardware to mine
Proof of Work (PoW)
A consensus algorithm in which a block is validated via mathematical hashing
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.