AMA

next rate cut

>>60558897
September.

>>60558888 (OP)
OP is absolutely larping but when is the point of no return and we enter hyperinflation territory.

>>60558888 (OP)
when is the LINK announcement happening?

>>60558911
Consensus is September cut and then hold, Drumpf will replace the chair and the new chair will start a cutting frenzy ushering a 2008 like recession (but much worse). Hyperinflation became irreversible in 2021 but Weimar scenarios are off the table for a while.
>>60558916
KEK. LINK will be trading at 3 dollars in 2 years time.

>>60558888 (OP)
How much gold to make it?

>>60558888 (OP)
Checked, noice
What is the Federal Reserve?

>>60558888 (OP)
Wen moon?

>>60558929
If making it for you is 1M United States dollars, I would say 2 and a half kilos in 2034 and 1 kilo in 2050, this is not financial advice.
>>60558930
The Federal Reserve is a way for the top 1% to issue , create and control a medium of exchange and unit of account from thin air and acquire property and other physical goods all over the world without the need of foreign exchange conversion.
>>60558932
Next year.

>>60558888 (OP)
Two questions number one what hell are you doing on this god forsaken board and number two what's gonna happen at the July 22nd confernce?

>>60558926
>the new chair will start a cutting frenzy ushering a 2008 like recession (but much worse)
Bobo is STILL holding on loooool
two more weeks guys!!!

>>60558986
test, for some reason my comments don't appear anymore.

>>60558986
I am part of the Fed Payments Improvement leadership, as such I have been on this board for a long time for my cryptocurrency related research.
>>60558986
Nothing much, he will keep the wait and see approach while hinting the September cut and justifying the July hold by emphasizing how the tariff related inflation effect is still unclear but from the preliminary data, if future data is as the preliminary one he expects it to be a one-off effect and less than the estimation, job market is strong and given the FED's dual mandate of price stability and inflation control, the wait and see approach is the most careful approach and August + September data will clarify tariff related inflation, while the inflation effect is meaningful, it is expected as transitory. He will also say that he expects the job market to slow down in the next months and if that happens (it will happen) significant easing would be required to support the Jobs market

>>60558888 (OP)
XRPL use with Swift, FedPay and other system; real adoption or misdirection?

>>60559017
Total misdirection, at least in regards to FedPay, Ripple is lobbying them for marketing afaik, there's not intention from both sides of delivering a real product

>>60559020
What is the XRPL going to be used for, as far as you know? What Blockchain will be used for FedPay and the next gen system?