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Why Cryptocurrency -- Not Interest Rates -- May Have The Biggest Impact On Inflation

From forbes.com

The U.S. is facing a pivotal moment as the White House pressures the Federal Reserve to cut interest rates to boost a lagging economy – a move that will inevitably increase inflation. Since 2008, $12 trillion has been injected into the U.S. economy through quantitative easing. It’s a staggering amount of money in such a short period of time. Inflation is a slow and quiet killer; much like a frog that’s slowly boiled to death, people adapt to inflation – until they can’t. But the table is set much differently now than it was in 2008. The increase in cryptocurrency of all kinds, including the recent launch of ... (full story)

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  • Category: Fundamental Analysis