Biden Selects Brainard For Top WH Job \ stacker news ~bitcoin

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61 sats \ 6 comments \ @TomK 14 Feb 2023 bitcoin

If You needed proof that incompetence always attracts incompetence - there it is. US president Biden will tap Fed's Brainard for the WH's top economic policy job after he selected her as Fed's vice chair.

They are doubling down with their MMT bs meanwhile the Fed is drying the offshore dollar market....

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1 sat \ 1 reply \ @cryptocoin 14 Feb 2023

"This is good ... for bitcoin."

25 sats \ 0 replies \ @TomK OP 14 Feb 2023

Yes indeed. Look at the Treasury, how they are pumping against the Fed, manipulating the yield curve to get proof of a policy mistake by Jay... these people live in another universe

0 sats \ 0 replies \ @ExponentialBTC 14 Feb 2023

One of the Fed's biggest doves has left the building 🕊

https://twitter.com/JoeConsorti/status/1625616860858163217 [Nitter]

0 sats \ 1 reply \ @cryptocoin 14 Feb 2023

Brainard has been leading the U.S. Federal Reserve's work on a potential digital dollar and has been minding the store on crypto policy discussions until the central bank appoints its permanent vice chair for supervision.

https://www.coindesk.com/policy/2023/02/14/biden-to-name-fed-vice-chairwoman-lael-brainard-as-top-economic-adviser-bloomberg [Archive]

25 sats \ 0 replies \ @TomK OP 14 Feb 2023

Exactly. Powell and the Fed's owner bank will introduce a wholesale version but won't be implementing a retail CBDC. Jamie understood that this would kill his Fiat Credit Ponzi

0 sats \ 0 replies \ @01xCc 14 Feb 2023

казино этот фрс...