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Fed Chair Jerome Powell on 60 Minutes: The US is on an unsustainable economic path (youtu.be)

submitted 9 months ago by makeasnek@lemmy.ml to c/economics@lemmy.ml

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[–] CylustheVirus@beehaw.org 2 points 9 months ago

A powerful entity backs the USD is the point. Military might provides a certain level of stability. It's not about forcing the use of the dollar; you don't have to.

Bitcoin is hot air and a poor use of electricity.

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