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Why the Fed Hates Cryptocurrencies and Especially Stablecoins

Why the Fed Hates Cryptocurrencies and Especially Stablecoins
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Ex Ilva, Bordo (Pd): Con visita Letta a Taranto Pd vicino a città

“La visita a Taranto del segretario Enrico Letta, è un segnale di grande vicinanza e attenzione del Partito Democratico nei.

Transcript: WSJ Interview With New York Fed -4-

Provided by Dow Jones May 5, 2021 9:44 AM UTC But from, again, from a financial stability kind of point of view, one of the things that we re not seeing, at least in the news so far, is this buildup of leverage, whether by households, by businesses or others, that could really cause a, if there were a decline in asset values, a sudden decline, that would then amplify that and have a larger effect on the economy. So I think the good news so far is that people have learned the lessons from the financial crisis, and we re not seeing, even if asset valuations are higher, we re not seeing taking on a lot greater risk or leverage underlying that.

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