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Cryptocurrencies Can Solve the Triffin Dilemma, Argues St. Louis Fed Economist

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Mark Mason

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Cryptocurrencies Can Solve the Triffin Dilemma, Argues St. Louis Fed Economist

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David Andolfatto, an economist with the St. Louis Federal Reserve Bank hosted a Twitter Q&A where he answered affirmatively to a user’s question as to if cryptocurrencies could solve the 50-year old Triffin Dilemma.

The Triffin Dilemma refers to the problem where a currencies’ global reserve status causes a natural conflict between national and global monetary interests. Andolfatto went on to describe the difficulties of the Triffin Dilemma and how cryptocurrencies can help solve it.

Read more - https://www.dashforcenews.com/crypt...riffin-dilemma-argues-st-louis-fed-economist/
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