Tuesday, December 14, 2021 -- $82,528.09 (-$665.41, -0.90%)

Tuesday, December 14, 2021 -- $82,528.09 (-$665.41, -0.90%)

I picked up another 3 Ethereum coins to bring my total exposure up to 12 Ethereum.  With CCL drifting lower and the portfolio lost a little less than 1% today.  The Fed is meeting this week and with the high inflation readings, the general expectation is that they are going to signal a tightening of monetary policy.

One of the primary ways the Fed fights inflation is through the money supply.  The growth of the money supply is fairly closely linked to inflation so if the growth of the money supply can be slowed down or reversed, inflation will likely follow.  Yet, even though there is the general expectation that the Fed will begin tightening, the exact wording they use will determine whether they are meeting the overall market expectation.  If so, then their action will have been priced in, and if not, we can expect the market to move in response to their announcement.

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