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The Fed Wants You to Lose Money in Stocks and Probably Crypto, Too

Monetary policy works through financial conditions, including equities and consequently crypto, which has been highly correlated with the equity market.

Updated May 11, 2023, 4:49 p.m. Published Sep 6, 2022, 8:33 p.m.
Jerome Powell, chairman of the U.S. Federal Reserve (Federal Reserve via Wikimedia Commons)
Jerome Powell, chairman of the U.S. Federal Reserve (Federal Reserve via Wikimedia Commons)