Jul 28, 2023
Bitcoin & CBDCs
The vicious cycle of rising public debt, monetary inflation, and consumer price inflation is one of the greatest challenges of our time. Inflation primarily harms lower-income Americans, and we must protect Americans’ ability to place their savings in inflation-protected assets like bitcoin. Furthermore, we must reform financial regulations to ensure that lower- and middle-income Americans have access to basic financial services and the innovation economy.
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Featured
Jul 28, 2023
All Bitcoin & CBDCs
This is an excerpt of remarks delivered by U.S. Federal Reserve Governor Randal Quarles at the Milken Institute’s Global Conference in Beverly Hills, California, on October 20, 2021