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The tradeoff is lack of controls and ridiculous price volatility. The fed may not be perfect with the USD, but at least it's stable and supports global economi
by bduerst 5y ago
The tradeoff is lack of controls and ridiculous price volatility. The fed may not be perfect with the USD, but at least it's stable and supports global economies.
- effie 5y ago> it's stable In what sense? We are observing massive devaluation, no?
- bduerst 5y ago>massive devaluation No, we're not. USD is stable in the sense that it's not volatile like bitcoin and supports global economies.
- effie 5y agoSo, it's stabler than bitcoin or stocks. But can you see the hike in May 2021? [1] [1] https://ycharts.com/indicators/us_inflation_rate https://ycharts.com/indicators/us_inflation_rate