Bitcoin is a threat to the FED
The Congressional Research Service of USA was released the report called Bitcoin: Questions, Answers, and Analysis of Legal Issues. The report states that Bitcoin could be a threat to US monetary policy.
The authors suggest that too much Bitcoin usage could increase the money supply of US dollars. But this would depend on a couple of factors. Enough people would need to be using Bitcoin. At the moment, the bitcoin economy is highly illiquid. Moreover, Bitcoins must be used as a currency in their own right. If they are bought into circulation when exchanged for fiat money, and then taken back out of circulation, the effect on the money supply would be small.
If, however, Bitcoins are substituted for dollars on a more systematic, long-term basis, the situation would change. That this could reduce the demand for dollars, the authors suggest.
«In this case, for the Fed to maintain the same degree of monetary accommodation, it would need to undertake a compensating tightening of monetary policy», the report said.
See also:
Source: http://ecurrency.ec/2014/01/bitcoin-is-a-threat-to-the-fed/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-is-a-threat-to-the-fed
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Humic & Fulvic Liquid Trace Mineral Complex
HerbAnomic’s Humic and Fulvic Liquid Trace Mineral Complex is a revolutionary New Humic and Fulvic Acid Complex designed to support your body at the cellular level. Our product has been thoroughly tested by an ISO/IEC Certified Lab for toxins and Heavy metals as well as for trace mineral content. We KNOW we have NO lead, arsenic, mercury, aluminum etc. in our Formula. This Humic & Fulvic Liquid Trace Mineral complex has high trace levels of naturally occurring Humic and Fulvic Acids as well as high trace levels of Zinc, Iron, Magnesium, Molybdenum, Potassium and more. There is a wide range of up to 70 trace minerals which occur naturally in our Complex at varying levels. We Choose to list the 8 substances which occur in higher trace levels on our supplement panel. We don’t claim a high number of minerals as other Humic and Fulvic Supplements do and leave you to guess which elements you’ll be getting. Order Your Humic Fulvic for Your Family by Clicking on this Link , or the Banner Below.
Our Formula is an exceptional value compared to other Humic Fulvic Minerals because...
It’s OXYGENATED
It Always Tests at 9.5+ pH
Preservative and Chemical Free
Allergen Free
Comes From a Pure, Unpolluted, Organic Source
Is an Excellent Source for Trace Minerals
Is From Whole, Prehisoric Plant Based Origin Material With Ionic Minerals and Constituents
Highly Conductive/Full of Extra Electrons
Is a Full Spectrum Complex
Our Humic and Fulvic Liquid Trace Mineral Complex has Minerals, Amino Acids, Poly Electrolytes, Phytochemicals, Polyphenols, Bioflavonoids and Trace Vitamins included with the Humic and Fulvic Acid. Our Source material is high in these constituents, where other manufacturers use inferior materials.
Try Our Humic and Fulvic Liquid Trace Mineral Complex today. Order Yours Today by Following This Link.
| Online: | |
| Visits: | 1,613,009,787 |
| Stories: | 8,178,777 |
Whistler Blowers, Insiders
Here’s my suggestion to the Fed for fixing the economy: fire 90% of government employees, pay congress minimum wage, make all corporations non-profit.