BREAKDOWN: Why the U.S.' $2 Trillion Stimulus, Unlimited QE Will Expose the Monetary System’s Flaws

As the crypto community digests a new wave of government intervention, Michael Casey and Noelle Acheson join for a discussion

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CoinDesk’s Chief Content Officer Michael Casey and Head of Research Noelle Acheson join for a lively debate about the new $2 trillion stimulus package and era of “unlimited” QE, including:

Whether (and on what time scale) fiscal and monetary stimulus might lead to inflation
Whether the Fed buying corporate bonds amounts to a nationalization of the bond markets
Why the appearance of a ‘digital dollar’ in an earlier stimulus proposal was a huge surprise
How a digital dollar in the form proposed would upset the balance of power between the Fed, commercial banks, and citizens
Why trust in governments and financial institutions is likely to achieve new lows in the wake of COVID-19
Why people are reevaluating the meaning and purpose of money

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CoinDesk

CoinDesk is the world leader in news, prices and information on bitcoin and other digital currencies.

We cover news and analysis on the trends, price movements, technologies, companies and people in the bitcoin and digital currency world.