What’s Actually Happening With Inflation Right Now
The numbers are all over the place and the narratives are even more complicated, so what’s the real story with inflation?
This Best of The Breakdown August 2020 edition features commentary from Hugh Hendry, Preston Pysh and Adam Tooze.
Traders are getting better fills due to shrinking bid-ask spreads on Binance and other cryptocurrency exchanges. It's a sign of a healthy market.
Prevailing doubts over whether the Fed has what it takes to hit its 2% inflation target hit traditional markets and may have contributed to a bitcoin price drop on Thursday.
The Federal Reserve chief is expected to bolster expectations of inflation in a keynote address Thursday. That may be bad for the U.S. dollar but good for bitcoin.
Graphic-design software firm Snappa described Bitcoin as "a far superior savings technology."