
Steven Kelly on Crises, Stability, and the Fed’s Role in Financial Markets
Macro Musings with David Beckworth
00:00
Cryptocurrency
Is it really surprising that we're having this as a new financial product? I wouldn't say surprising. It's also the question of, what is the purpose? So we've beentalking about chattel banking risks,. There's a ton in money market funds or things like that. But at least there's an obvious demand side problem that's being solved.
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