Inflation
How Every Empire Falls: Not Inflation, But Devaluation of Currency, Says Morgan Creek Capital Founder
Responding to Wednesday's Consumer Price Index (CPI) report showing consumer prices jumping 4.2%, Morgan Creek Capital Management CEO Mark Yusko says he’s more concerned about the Western world’s systematic devaluation of the currency. He talks about his bullish outlook on bitcoin, potential risks of bitcoin investing, and thoughts on the Dogecoin (DOGE) phenomenon.
US CPI Report Shows April Inflation Faster Than Expected, Highest Since 2008
Nearly all major components of the CPI increased in April, a sign that pent-up demand is fueling a rebound in economic mobility.
What Stanley Druckenmiller's Inflation Warning Means for Crypto
One of the greatest forex traders in history believes a cryptocurrency is the “most likely” global reserve currency to replace the dollar.
Yellen Tones Down Rate Hike Comments; Hints at US Crypto Regulatory Framework Need
During a Wall Street Journal event Tuesday, U.S. Treasury Secretary Janet Yellen clarified her previous comments on inflation, saying she’s “not predicting or recommending” rate hikes. BTC has bounced back nearly 7% in the past 24 hours.
As Crypto Companies Go Public, Valuations Raise Questions
New Constructs CEO David Trainer and Ernst & Young Global Blockchain Leader Paul Brody discuss Coinbase’s $100 billion valuation and how useful these measurements are with inflation looming in the air.
Federal Reserve Keeps Rates Near Zero, Maintains Asset Purchases, Sees Inflation as 'Transitory'
The Federal Reserve kept monetary policy unchanged and sees inflation as temporary, which is closely watched by bitcoin investors.
Inflation Worry Spreads Beyond Bitcoiners to Wall Street Stock Analysts
U.S. CEOs are now regularly discussing inflation during quarterly earnings conference calls. Bitcoiners saw this coming.
As Powell Heads to Fed Meeting, Inflation Data Can Only Get Worse
Fed Chair Jerome Powell's challenge is to convince traders he's got the resolve to respond to runaway inflation, without actually doing anything.
