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More to the point, she was Fed Reserve Chairman under Obama, which makes her a prime suspect here. Crypto currency is a direct assault on that agency's ability
by selfishgene 6y ago
More to the point, she was Fed Reserve Chairman under Obama, which makes her a prime suspect here.
Crypto currency is a direct assault on that agency's ability to levy the most insidious and regressive tax of all on the American people in order to subsidize the billions of dollars each year that Congress wastes on pork-barrel spending:
Inflation.
- arthurcolle 6y agoAs an active trader in these markets, it's frustrating that a 74 year old's brief and broadly incorrect statements can cause a 7.5% downward move over the course of a day. Cash is the #1 driver of illegal transactions. Darknet markets are a drop in the bucket of aggregate global illegal activities compared to daily transactions in various international fiat currencies. She's just preaching the narrative that she must, as another puppet of the state. Frustrating and sad, as someone interesting in the underlying technology and the ability to democratize payments for people around the world.
- xvector 6y agoWe desperately need term and age limits for office. We cannot have ancient people that don’t understand technology regulating it. They simply drag down future generations. Is it ageist? Sure. If anyone has a better solution in mind, they should propose it.
- arthurcolle 6y agoThere should be some ability to more easily disseminate the fact that they have said factually incorrect things, or some mechanism that broadly communicates the correct facts. Or maybe call them back to live TV and have someone actually confront them with the verifiable information.