Home Macroeconomics The Fed Switches to the Crypto Standard to Speed up Inflation

The Fed Switches to the Crypto Standard to Speed up Inflation

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OnlyFans, Jerome Powell
Source: CNBC YouTube

Notorious money printer Jerome Powell recently suggested the US should switch to the crypto standard.

Early reports indicate that once Powell found out cryptocurrencies can fall by over 50% in a matter of seconds, he realized printing money is relatively inefficient to inflate money.