On: Inside the Bitcoin advocates’ closed-door meeting with federal regulators

[nhaehnle]

The Fed does not run endless deficits, in fact, it makes a profit.

And any central bank can do crazy amounts of QE without inflation once the economy hits the Zero Lower Bound. The ECB did something rather similar.

All of this has nothing to do with my central point, which was about real rates of interest.

[Canada → nhaehnle]

Please notes the use of Feds and Fed. The Feds run the endless deficit, not the Fed. And in my humble opinion, the Petrodollar system has a great deal to do with real rates of interest.