Inflation


Markets

MicroStrategy Buys $250M in Bitcoin, Calling the Crypto 'Superior to Cash'

Digital gold is now the "principal holding" of MicroStrategy's revamped treasury reserve strategy.

MicroStrategy CEO Michael J. Saylor

Markets

Nasdaq-Listed MicroStrategy, Wary of Looming Dollar Inflation, Turns to Bitcoin and Gold

“If you have large dollar values and you're hoping for any kind of return on them, that's faded,” said CEO Michael Saylor. “Gold, silver and bitcoin are showing strength.”

helicopter money

Policy

Why Bitcoin-Like Scarcity Would Be a Disaster for the Dollar

Calls to restrict the Fed's money printing powers fail to recognize the likely consequences, including price instability.

(Ryan Quintal/Unsplash, modified using PhotoMosh)

Markets

What's Behind the Fed's New Push to Promote Inflation?

Why the Fed’s strategy on inflation is changing and why the definition used by America’s central bank may be hurting regular people.

(hardvicore/Shutterstock)

Finance

Brazil's Ailing Economy Is Helping Dollar-Pegged Stablecoins Find Traction

Brazilian crypto users are increasingly turning to USD-pegged stablecoins as the country's real sinks to record lows against the dollar.

Brazil

Markets

A Key Thesis for Bitcoin's Long-Term Bull Market Just Got a Knock

The narrative that inflation arising from the massive coronavirus stimulus efforts would lead to a long-term rise in bitcoin's price is looking weak with new data from the Federal Reserve.

deflation heart balloon

Markets

Bitcoin Is More Than an Inflation Hedge

While fears of a “great monetary inflation” have driven the recent bitcoin narrative, other aspects like censorship resistance and peaceful protest matter just as much.

Credit: Tribalium/Shutterstock

Markets

First Mover: Fed Sees No Inflation Through 2021, but Bitcoiners Are Betting on It Anyway

Bitcoin investors think "it's only a matter of time" before the U.S. experiences rocketing inflation.

Federal Reserve building, Washington, D.C.

Markets

Market Wrap: Bitcoin Briefly Pops Past $10K as Fed Says Rates May Stay Near 0% Until 2022

Cryptocurrency traders slapped the buy button on bitcoin during the Federal Reserve’s non-announcement announcement, but the run-up didn’t last.

Source: CoinDesk Bitcoin Price Index

Markets

Fed Officials See Anemic Inflation Despite Trillion-Dollar Money Injections

Federal Reserve officials see U.S. inflation as likely to stay below 2% over the next three years, based on a new summary of economic predictions released Wednesday by the central bank.

Federal Reserve Chairman Jerome Powell