Why the $2 Trillion US Stimulus Will Expose the Monetary System’s Flaws

As the crypto community digests a new wave of government intervention and stimulus, Michael Casey and Noelle Acheson join for a discussion.

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CoinDesk Chief Content Officer Michael Casey and Head of Research Noelle Acheson join for a lively debate about the new $2 trillion stimulus package and era of “unlimited” QE, including:

Whether (and on what time scale) fiscal and monetary stimulus might lead to inflation
Whether the Federal Reserve buying corporate bonds amounts to a nationalization of the bond markets
Why the appearance of a "digital dollar" in an earlier stimulus proposal was a huge surprise
How a digital dollar in the form proposed would upset the balance of power among the Fed, commercial banks and citizens
Why trust in governments and financial institutions is likely to achieve new lows in the wake of COVID-19
Why people are reevaluating the meaning and purpose of money

Watch: Why U.S.' $2 Trillion Stimulus, Unlimited QE Will Expose Monetary System’s Flaws

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Why the US' $2 Trillion Stimulus, Unlimited QE Will Expose the Monetary System’s Flaws

As the crypto community digests a new wave of government intervention, Michael Casey and Noelle Acheson join for a discussion.