It doesn't work like that, you cannot add the amounts like that as they are Overnight Repos: so the FED prints money in the evening, and destroys it the morning after. It is due to balancing banks reserves in the system to counteract to temporary imbalances.
So now (19 september 2019) they printed only 75 until tomorrow morning.
They did it several times in the past few days:
- 53 BLN on Tuesday 9/17 to 9/18
- 75 BLN on Wednesday 9/18 to 9/19
- 75 BLN on today 9/19 to 9/20
Here you understand the amount of money created is the same and equal only to the currently live operation.
It's part of the job of any central bank. The point that it hasn't been necessary since 10 years has no implication whatsoever for financial stability.
Explainer: The Fed has a repo problem. What's that?In a repo trade, Wall Street firms and banks offer U.S. Treasuries and other high-quality securities as collateral to raise cash, often overnight, to finance their trading and lending activities. The next day, borrowers repay their loans plus what is typically a nominal rate of interest and get their bonds back. In other words, they repurchase, or repo, the bonds.
The system might be rotten, but this one is not a proof of that.
For sure I can't see why bitcoin should rise on this particular news.