Federal Reserve Minneapolis President Kashkari recently made some noteworthy remarks. He is optimistic about the US economic outlook, believing that the economy will maintain a good growth momentum, and inflation continues to decline. However, he has not provided a clear forecast for the specific figures at the end of the year.
In terms of technology, Kashkari mentioned that while artificial intelligence has practical potential, most companies are still in the testing and exploration stage, far from large-scale application.
Interestingly, when it comes to cryptocurrencies, his attitude is quite straightforward—he believes they have little practical value for ordinary consumers. This reflects the cautious stance of traditional financial regulators towards digital assets.
Additionally, Kashkari clarified the Federal Reserve's policy stance, emphasizing that current measures are not quantitative easing. Regarding the real estate market, he pointed out that housing supply shortages are the biggest bottleneck constraining the market. He also reiterated the importance of the Federal Reserve's independent decision-making power.
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NotSatoshi
· 7h ago
Here we go again. Traditional finance folks say crypto has no value? That's laughable. They're just scared.
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ChainMelonWatcher
· 7h ago
Saying crypto is useless again... This guy just doesn't get the point of Web3, wake up.
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UnluckyValidator
· 7h ago
Here we go again with the same old tune? Traditional finance's old rhetoric, saying crypto has no value, laughable. They are just scared.
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bridgeOops
· 7h ago
Another traditional finance person says crypto has no value, laugh out loud. They are the ones who are truly afraid.
Federal Reserve Minneapolis President Kashkari recently made some noteworthy remarks. He is optimistic about the US economic outlook, believing that the economy will maintain a good growth momentum, and inflation continues to decline. However, he has not provided a clear forecast for the specific figures at the end of the year.
In terms of technology, Kashkari mentioned that while artificial intelligence has practical potential, most companies are still in the testing and exploration stage, far from large-scale application.
Interestingly, when it comes to cryptocurrencies, his attitude is quite straightforward—he believes they have little practical value for ordinary consumers. This reflects the cautious stance of traditional financial regulators towards digital assets.
Additionally, Kashkari clarified the Federal Reserve's policy stance, emphasizing that current measures are not quantitative easing. Regarding the real estate market, he pointed out that housing supply shortages are the biggest bottleneck constraining the market. He also reiterated the importance of the Federal Reserve's independent decision-making power.