They aren't taking bitcoin seriously yet. This is all about the unaffordability of servicing the debt at the interest rates that would exist in a low inflation environment.

But you would think that they would try to keep tricking the public. 
Is the long game coming to an end now that bitcoin is on the scene?



Satosora

You sort of answered your own question, with that last sentence.

The purpose of their statements is to manipulate the markets. Past Fed Chairs have stated this pretty unambiguously.

What I find interesting is that they're realizing that the cat is out of the bag and getting all the way to the semi-official inflation target of 2% just isn't going to happen.

econ

Price Inflation Rose Again in December, Climbing to a Ten-Month High

Undisciplined

You sort of answered your own question, with that last sentence.

The purpose of their statements is to manipulate the markets. Past Fed Chairs have stated this pretty unambiguously.

What I find interesting is that they're realizing that the cat is out of the bag and getting all the way to the semi-official inflation target of 2% just isn't going to happen.