Bitcoin, USD velocity both crash — but BTC price reacted differently
Rampant inflation of the dollar’s M2 money supply is only enriching the “cantillionaires,” Max Keiser argues as its velocity hits record lows. Go to Source Powered by WPeMatico
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US Federal Reserve now owns over 20,000 different financial assets
The nation’s money printer continues to go “Brrr”. Go to Source Powered by WPeMatico
Jerome Powell throws US dollar under a bus in Jackson Hole
Fed Chairman Jerome Powell threw the U.S. dollar under a bus last week at the central bank’s annual Jackson Hole, Wyoming, meeting. Go to Source Powered by WPeMatico
On quantitative easing, crypto and modern monetary theory
Crypto needs financial products — simply positioned and simply transparent — to preserve and grow people’s assets in difficult times. Go to Source Powered by WPeMatico
Ripple’s Garlinghouse forecasts further loss of U.S. dollar value
The wild ride of 2020 continues. Go to Source Powered by WPeMatico
Free Market Family: Goldbug Peter Schiff Asks the Bitcoin Community to Gift Crypto to His Son
The American libertarian, economist and financial commentator Peter Schiff has been criticizing bitcoin for years, as he believes “bitcoin has no real value.” However, on Thursday Schiff asked the crypto community to give some bitcoin to his 18-year old son Spencer for his birthday and explained that his son “won’t lose his” wallet. The Bitcoin … Read more
Visa Exec Says ‘Opt Out With Bitcoin’ Slamming Fed’s Policy Change Toward Inflation
On Thursday, 17 top Federal Reserve officials explained that the committee plans to let inflation run hotter than usual, or above the benchmark 2% rate for a duration of time. Fed Chair Jerome Powell’s speech was considered a “major policy shift” and a number of economists commented on the central bank’s move. Senior director of … Read more
Bitcoin balks as the Fed talks, DeFi surge continues: weekly recap
This week the Fed signaled that further monetary expansion is planned, meanwhile interest in Bitcoin and DeFi continues to skyrocket. Go to Source Powered by WPeMatico
Visa exec says buy Bitcoin as dollar index nears $12.5K BTC trigger
A key bull trigger for Bitcoin reemerges as even a Visa executive pours scorn on the Fed and calls on consumers to “opt out with Bitcoin.” Go to Source Powered by WPeMatico
Bitcoin price hits $11.6K as Fed says it will let inflation pass 2%
Loosening of inflation handling boosts Bitcoin in line with expectations that the Fed would inadvertently support safe havens with its decision. Go to Source Powered by WPeMatico
