European Central Bank President Lagarde Doesn’t Invest in Cryptocurrency

Christine Lagarde, President of the European Central Bank (ECB), announced that she personally does not have any crypto money in a program she attended.

Speaking on a talk show in the Netherlands, Lagarde said: No cryptocurrencies, including bitcoin, have any real value. And he said he doesn’t have any cryptocurrencies either. Lagarde on it your son buys and sells cryptocurrencies told.

The balance sheet of the European Central Bank has changed as a result of the policies followed in the last period. 8 trillion euros reached until. This balance sheet on how to shrink Answering a question, Lagarde said that “it will happen in time” told.

In the most up-to-date report published by the European Union on the subject, the inflation rate in the euro area is 7.5% had been predicted. This rate announced for April was 5.1% three months ago; a year ago it was 1.6%.

Evaluating the asset purchases made by the European Central Bank after the pandemic emerged, Lagarde said, If such a policy were not followed He gave the message that much worse results could occur.

source site-9