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RE: FED - BETWEEN A ROCK AND A HARD PLACE. What were your expectations?

in Project HOPE • 2 years ago

From the inception of decentralized currency the FED have undergone a psychological unrest looking for means to discourage public from adopting the new technology.

Looking at how the world economy is heading not sure how inflation can be tackled completely as some prominent elite deem it as good asset to the economy.

The Fed have actually been a major hindrance when it comes to blockchain wide adoption and at moment a lot of individuals are patiently waiting for the fed to take their next move which might indirectly affect the crypto space.

My take on inflation at the moment is it has become a world problem gradually expending across the continent i hope more tactical means of handling the problem will be unvail sooner.

2 years ago in Project HOPE by
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     2 years ago 

    Hi @mccoy02

    Thanks for taking the time to read my publications share your thoughts with all of us.

    Looking at how the world economy is heading not sure how inflation can be tackled completely as some prominent elite deem it as good asset to the economy.

    How crazy is that? Right?

    I only can imagine, that Joe Biden sees inflation as a way to devalue US goverment debt. And futher money printing is required to cover extensive public spending. Which he is great proponent.
    Wouldn't you agree?

    Cheers, Piotr

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       2 years ago 

      And futher money printing is required to cover extensive public spending.

      Covering extensive spending that will lead to more inflation which i consider bad for the economy as well.

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