Fed’s Quantitative Easing Strategy Holds Long-Term Benefits for Crypto

 Fed’s Quantitative Easing Strategy Holds Long-Term Benefits for Crypto
imageCryptocurrency10 hours ago (Apr 01, 2020 01:00PM ET)

Fed’s Quantitative Easing Strategy Holds Long-Term Benefits for Crypto


These are perilous times, and it hasn’t escaped anyone’s notice that the United States Federal Reserve is doing its part to alleviate the suffering — which began with the coronavirus pandemic and has spread to the global economy. It’s printing more money.

“There is an infinite amount of cash at the Federal Reserve,” Neel Kashkari, the president of the Federal Reserve Bank of Minneapolis, told Scott Pelley of CBS on March 22, adding: “We will do whatever we need to do to make sure there is enough cash in the financial system.”

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Fed’s Quantitative Easing Strategy Holds Long-Term Benefits for Crypto

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