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Bitcoin’s Rise Should Make Regulators Ask if the Fed’s Policies Have a Hand in It: WaPo – CoinDesk – Coindesk
“The best reason to focus on bitcoin’s rise is what it tells us about the risks that may be bubbling up amid the Federal Reserve’s commitment to zero interest rates,”…
The U.S. Federal Reserve and regulators should examine the consequences of their fiscal and monetary policies, including the resulting shortage of suitable investments that has led some to put their money into “speculative” ventures such as bitcoin, the Washington Post said in an editorial Saturday.
- While dismissing the possibility of bitcoin displacing the U.S. dollar’s reserve status, at least for now, for policy makers, “the best reason to focus on bitcoins rise is what it tells us about the…
