3 ms·
> Does anyone think the same kind of extreme care taken by the Fed is going to be replicated? What are some examples of where "the extreme care" has resulted i
by irln 9y ago
> Does anyone think the same kind of extreme care taken by the Fed is going to be replicated?
What are some examples of where "the extreme care" has resulted in long term positive outcomes?
The paradox is that a modern society needs a unit of exchange (money), however, the management (adding and subtracting) of that medium of exchange is extremely problematic.
For better or worse Bitcoin isn't at all similar to the current bank/central bank system we currently have and without the ability to increase the money supply to prevent bank runs never will be. But the federal reserve's evolving strategy is just an experiment. And their effectiveness remains to be seen.