Fed Chair: ‘We Have the Ability to Create Money Digitally’

Fed Chair: ‘We Have the Ability to Create Money Digitally’
фото показано с : cointelegraph.com

2020-5-19 11:29

Fed Chairman Jerome Powell said the bank has flooded the economy with money and would continue lending programs for as long as they’re needed.

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money fed continue lending needed long economy

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US Fed Reserve Chair Bashes Crypto’s Money Properties, Says “Not Really a Currency”

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The previous occupant of fdic chair states “bank dominated payments system” could lead to severely negative consequences regarding cbdc

So they pull their uninsured money out of the banking system, disrupting the free flow of payments. […] However, suppose consumers could convert their bank deposits into a digital currency that would be issued and backed by the Fed? When it wants to raise rates — as it is doing now — it reduces its

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