Wharton Professor Urges the Fed to ‘Bite the Bullet’ and Defend the US Dollar...
A finance professor at the Wharton School of the University of Pennsylvania has warned of “bitcoin taking over.” He added that the Fed “has been terribly wrong over the last year” about inflation and must now act to defend the U.S. dollar. Finance Professor Urges the Fed to Take Action to Defend the U.S. Dollar Wharton’s finance professor Jeremy Siegel shared his view on inflation, “bitcoin taking over,” and the need for the Federal Reserve to defend the U.S. dollar in an interview with CNBC Friday. Siegel is....
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A finance professor at the Wharton School of the University of Pennsylvania has warned about inflation and the Fed hiking rates many more times than the market expects. He also said that bitcoin has become the new gold for the millennials.
Finance Professor on Bitcoin and Inflation
Wharton’s finance professor Jeremy Siegel shared his outlook for various markets that he believes investors should have exposure to this year in an interview with CNBC Friday.
Siegel is Russell E. Palmer Professor Emeritus of Finance at Wharton School, University of Pennsylvania. His....
The University of Pennsylvania’s Wharton School of Business is consistently seen as one of the best business programs in the U.S., and is the oldest collegiate school of business on the globe. In a new ‘Blockchain and Digital Asset Project’ report, titled “DeFi Beyond the Hype”, Wharton School contributors detail the ins and outs of […]
Jeremy Siegel said in an interview that Bitcoin is acting as a better inflation hedge than gold.
The six-week program costs $3,800 and the Ivy League university expects to attract thousands of students each year. Crypto adoption scores another win with the Ivy League University of Pennsylvania, but there’s a catch.The Wharton School, one of the premier business schools in the United States, will accept Bitcoin (BTC) and other forms of cryptocurrencies for tuition fees, Bloomberg reports. However, the adoption is limited to its new online blockchain and digital assets program scheduled to start in January. Titled Economics of Blockchain and Digital Assets, the six-week program costs....
Gold disappointed investors in 2021 as a traditional hedge against inflation, seeing its worst year since 2015. Bitcoin (BTC), the world’s most-valued cryptocurrency, has replaced gold as an inflation hedge for young investors, according to Wharton’s finance professor.Gold’s performance was “disappointing” in 2021, Wharton School finance professor Jeremy Siegel said in a CNBC Squawk Box interview on Friday.On the other hand, BTC has been increasingly emerging as an inflation hedge among younger investors, Siegel argued:“Let’s face the fact, I think Bitcoin as an inflation hedge in the....