Fed Chair Kevin Warsh says Bitcoin does not make him nervous, calls it 'a very good policeman for policy'
Fed Chair Kevin Warsh stated that Bitcoin does not make him nervous and that he does not see it as a replacement for the dollar, describing it instead as 'a very good policeman for policy' that can signal when policymakers are getting off track. The remarks come ahead of his first Jackson Hole keynote as Fed Chair.
Detected & updated continuously · Source: Nebula
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@TechLeviathan
🚨 Kevin Warsh just gave one of his strongest takes on Bitcoin. “Bitcoin does not make me nervous.” He doesn't see BTC as a replacement for the dollar. He sees it as something else: “A very good policeman for policy.” An asset that can signal when policymakers are getting https://t.co/SSQkHAJlxL
@Candice__Forex
This week is packed with events: Jackson Hole Economic Symposium Federal Reserve Chairman Warsh's speech US July PCE Any hawkish signal aimed at "soothing inflation" could trigger a sell-off at these high levels. #XAUUSD #GOLD #FED #Warsh #PCE https://t.co/suH4P1gkT4