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News Block: Bitcoin Price Recovers as GBTC Outflows Slow, Halving Impact on Bitcoin Mining Profits, 2024 Fiscal Deficit Could Exceed $2 Trillion, Yellen Admits Prices Not Coming Back Down
Coin Stories with Natalie Brunell
Inflation, Rising Prices, and the Role of the Federal Reserve
This chapter discusses the US Treasury Secretary's admission that prices are unlikely to fall, the role of the Federal Reserve in increasing prices, rising credit card debt and unemployment as signs of economic deterioration, and the potential of the upcoming Bitcoin halving as a hard asset in inflationary times.
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