A New Fed Working Paper Aims to Rein in Bitcoin With Taxes or Prohibition—Here’s Why It’s Flawed

In a working paper, Amol Amol and Erzo G.J. Luttmer from the Federal Reserve Financial institution of Minneapolis argue that prohibiting bitcoin or imposing particular taxes may assist governments implement everlasting major deficits successfully. Their analysis explores the affect of bitcoin on fiscal insurance policies and gives potential options. The Case Towards Bitcoin: The Minneapolis Federal Reserve’s […]



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