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Bitcoin and Today’s Wicked Inflation Share a Common Ancestor

cryptonews100_tggfrn by cryptonews100_tggfrn
April 13, 2022
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Bitcoin and Today’s Wicked Inflation Share a Common Ancestor
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In 2010, Hoenig, nearing retirement on the time, was the only real voting member of the Federal Open Market Committee (FOMC) towards long-term intervention. He apprehensive that QE would ultimately destabilize the financial system and result in inflation. That the Fed, by encouraging riskier lending by banks, would create asset bubbles.



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