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Strike CEO says Fed hikes or cuts would both fuel inflation

  • Jack Mallers said both Federal Reserve rate paths would lead to inflation.
  • U.S. debt has exceeded 120% of gross domestic product, Mallers said.
  • Mallers said the debate over raising or lowering rates is no longer important.

Strike founder and CEO Jack Mallers said U.S. debt has surpassed 120% of GDP and argued that the Federal Reserve’s choice between raising or lowering interest rates is no longer decisive. Citing Bitcoin Magazine, Mallers said both policy paths would ultimately lead to higher inflation.

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