Part 6/11:
Currently, global M2 stands at approximately $96 trillion, with US M2 growing at 4.6% annually. Major economies, notably China, have initiated aggressive easing measures, injecting significant liquidity. The trend suggests a synchronized global easing cycle—central banks reducing rates and increasing liquidity through asset buybacks—implying an impending flood of money into markets.
This backdrop fuels the "everything code" thesis: as liquidity expands, assets tied to or benefiting from monetary expansion—particularly Bitcoin—stand poised for substantial gains. Yet, this potential surge carries risks, including heightened volatility, especially if inflation reaccelerates due to excess liquidity.