Top Results43 results
Bitcoin - Back From the Future
The last decade has been one of lower rates and increasing liquidity through QE and other means....risk assets like Bitcoin would move in lockstep — Satoshi created Bitcoin in response to government QE...
17 Min
Layer 1 / L1
May 2023
No Pain, No Gain
...do the Fed’s bidding, which is a more politically attractive option than overtly reverting back to QE...When asked about the end game for US fiscal deficits — and the potential return of QE — Howell likened...
13 Min
Macro & Markets
Apr 2024
Markets Setup for Rollercoaster Ride in 2023
...started to flow out of the RRP, both of which are offsetting declines in the Fed’s balance sheet (shadow “QE...
9 Min
Global Macro Themes
Feb 2023
Avoiding the Real Banking Iceberg
Liquidity Is Coming It’s important to note the Fed isn’t buying bank assets outright like it does under QE...QE essentially allows banks to fully monetize their investment securities by turning them into cash....This would effectively be the same thing as QE and could bypass the Fed’s restriction of only conducting...
38 Min
Global Macro Themes
Mar 2023
Markets Gear Up for Dreaded September
The question is whether this will force the Fed back to the table to revive QE (which would be a welcome...
10 Min
Macro & Markets
Sep 2022
Liquidity Cascades & the Evolution of Financial Markets
Policy The 2008 GFC gave birth to a new era of experimental monetary policy decisions in the form of QE...Complementary programs, such as QE, also provided investors with the second knock-on effect – renewed...
24 Min
Financial Market Themes
Sep 2022
The Dark Night Rises - Part 1
The Fed knows the public perception of outright QE has negative connotations attached to it, which is...
23 Min
Macro & Markets
Jul 2024
Delphi Office Hours Call (May 4th, 2022)
The earliest sign of a reversal is when the Fed signifies they’ll start some kind of QE again....I don’t know if they’ll call it QE, but at the end of the day, it’s all the same thing, buying assets...that where you even had a large dollar shortage that actually required the Fed to come in and restart QE...
38 Min
Layer 1 / L1
May 2022
The Path Forward for DeFi Fixed Income and Yield Tokens
...a spike of activity throughout the first few months of 2022, but that tapered at a faster pace than QE...
16 Min
Derivatives
Aug 2022
Out of The Frying Pan, Not Out of The Fire
QT for Germany, QE for Italy? The challenge to make everyone happy is only getting harder.
11 Min
Macro & Markets
Jul 2022
Where'd The Liquidity Go?
If the narrative around QE and accommodative policy is it accelerates fiat currency debasement, then...
10 Min
Macro & Markets
Apr 2022
The Aftermath of One Big Macro Trade
Quantitative easing (“QE”) is not inherently inflationary because it simply swaps out a security (i.e...
6 Min
Derivatives
Oct 2020
Delphi Office Hours Call (April 13th, 2022)
If we think about again what really drove asset prices and Bitcoin up, this concept of QE being all around...
16 Min
DeFi
Apr 2022
The Year Ahead for Markets
In time, though, we believe the need for QE will become increasingly apparent as UST supply outpaces...refinance existing debt obligations, which is where the real vulnerabilities lie (and another reason why QE...
55 Min
Global Macro Themes
Dec 2022
Delphi Office Hours Call (September 29th, 2022)
...when they have to, which is then when you run into that, that extended period of high inflation with QE...think a lot of the rhetoric around that being a pivot away from their QT strategy, and this is renewed QE...
47 Min
Macro & Markets
Sep 2022
A Fragile Absorption: The 2025 TGA Refill and the New Liquidity Regime
The post-COVID backdrop of QE, high bank reserves, and strong foreign Treasury demand meant the TGA drain...
26 Min
Macro & Markets
Aug 2025
Introducing: The Delphi Daily
...world’s most popular punching bags as multi-trillion dollar relief packages and pledges of “unlimited QE...
4 Min
DeFi
Apr 2020
Delphi Office Hours Call Ft. Ledger (September 1st, 2022)
I guess this thread says within four months I think the Federal will be forced to pivot and resume QE...And then you have kind of like this force resumption of QE or something to that effect.   48:57 • Brian...
54 Min
Macro & Markets
Sep 2022
The Four-Year Cycle Isn’t Dead
QE was still echoing, and the cost of capital was near zero across much of the world, until late 2017...
7 Min
Macro & Markets
Jul 2025
Delphi's Office Hours (6th of August, 2024)
That was, I’m trying to figure out, yeah, the, yeah, the daisy chain hypothesis is cross currency QE...
Macro & Markets
Aug 2024