The past few weeks have seen a lot of discussion and debate over what the Federal Reserve (aka “The Fed”) should do with interest rates. Increase them or decrease them, and by how much? The latest plan is to raise them, but not as fast as before.
I agree with most everything you wrote. But to play Devil's Advocate, there is a three-letter response: "SBF".
Compared to crypto, the dollar is a beacon of stability. In fact, compared to most other government currencies, the dollar is a beacon of stability- its "reserve currency" status has allowed us to sort of get away with massive government spending, paid for by debt, much of which is "monetized' by the Federal Reserve.
Well like I said, may the best currency win! I advise anyone considering alternate currencies, such as crytpo, to check them out thoroughly before taking the plunge. But as of late, US Federal Reserve Notes have not been a rock of stability, either.
I agree with most everything you wrote. But to play Devil's Advocate, there is a three-letter response: "SBF".
Compared to crypto, the dollar is a beacon of stability. In fact, compared to most other government currencies, the dollar is a beacon of stability- its "reserve currency" status has allowed us to sort of get away with massive government spending, paid for by debt, much of which is "monetized' by the Federal Reserve.
Well like I said, may the best currency win! I advise anyone considering alternate currencies, such as crytpo, to check them out thoroughly before taking the plunge. But as of late, US Federal Reserve Notes have not been a rock of stability, either.