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A comment on Veteran Wall Street enforcers are landing new roles in virtual currencies.

Re:Veteran Wall Street enforcers are landing new roles in vi... by brwsr on Wednesday February 28, 2018 @05:30AM (#16482060)
Always funny to see people in finance call crypto currencies "virtual currencies". Do they mean fiat currency is not virtual? Does it represent a real value or so? IMHO it's even worse, they keep increasing the maximum supply, devalue the worthless paper even more. But at least they have a chic word for it: Quantitive easing.
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Re:Veteran Wall Street enforcers are landing new roles in vi... by isolli on Wednesday February 28, 2018 @05:42AM (#16482101)
Central banks increase the supply to keep inflation stable (at a first approximation). Monetary intervention (in the form of quantitative easing) was required to keep the economy from crashing once fiscal policy couldn't. If you think it devalued the dollar you're utterly wrong.
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