Yellen Suggests ‘Curtailing’ Use of Cryptocurrencies, Citing Terrorism Concerns

[PJL]

I know what has them worried! When massive inflation hits under Biden they don't want capital flight to cryptocurrency.......... This is not about Terrorism, it is about alternative Funny Money not made by the Fed!

Actually , because of money printing , it's the USD that has become the "Funny Money"

[Peter1469]

Actually , because of money printing , it's the USD that has become the "Funny Money"

But less funny that others, as it turns out.

[PJL]

But less funny that others, as it turns out.

Some , maybe . Because of the excessive printing , the dollar has a false value........and because the false-valued dollar has been so extensively used for share buy backs , the shares themselves have a false value , and on and on it goes.

[Peter1469]

Some , maybe . Because of the excessive printing , the dollar has a false value........and because the false-valued dollar has been so extensively used for share buy backs , the shares themselves have a false value , and on and on it goes.

That true. Some call it a partial debt default. Nations buy US bonds at X and get paid back at X-Y.

[Rationalist]

I think she's what they call "transgender" ?

Nah, that would be this... thing: https://www.yahoo.com/lifestyle/bide...121831927.html

[Rationalist]

Some , maybe . Because of the excessive printing , the dollar has a false value........and because the false-valued dollar has been so extensively used for share buy backs , the shares themselves have a false value , and on and on it goes.

The dollar's status as the petrodollar is a lot of what props up its value. This is also what drives our interventionism in the Middle East.