I wonder if having these stable coins will help the velocity of money in the economy. After all we know that the Fed just keeps eating up a ton of dollars due to QE.
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I wonder if having these stable coins will help the velocity of money in the economy. After all we know that the Fed just keeps eating up a ton of dollars due to QE.
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I would think that will help economic expansion. Certainly having money not locked into the banking and financial sectors will help to speed it up.
We also have the massive debt servicing costs that also feeds into that.
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