Bitcoin’s Blight: Bank of England’s Scathing Insight

During a recent speech at the Mansion House in London, Bank of England Governor Andrew Bailey openly expressed his criticism towards Bitcoin and various other cryptocurrencies, labeling them as “extremely speculative assets.” Bailey’s remarks presented a firm stance against the digital asset industry, and he extended his critique to include stablecoins, highlighting concerns regarding their […]

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Deflecting Blame — Bank of England Governor Bailey Accuses UK Retailers of Overcharging Customers

After the Covid-19 pandemic, many people believe the implementation of extensive stimulus measures and quantitative easing (QE) policies resulted in an overwhelming surge of inflation that has burdened millions across the globe. While certain individuals attribute this economic turmoil to the actions of central banks, Andrew Bailey, the governor of the Bank of England, firmly [...]

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