Al Gore: Bitcoin – Depoliticize Money Supply

Posted by admin on Tuesday, April 21, 2015

Al Gore Money Quotation saying that cryptocurrency can be regulated, but suggesting it should be depoliticized and non-partisan. Al Gore said:
 

 

“I’m a big fan of Bitcoin … Regulation of money supply needs to be depoliticized” — Al Gore

 

 

Al Gore suggested that money supply regulation should be depoliticized because currently, political interests often influence how monetary policy is set and implemented. By depoliticizing it, decisions about money supply could be made in a more objective, non-partisan manner based solely on economic factors like inflation and employment levels.

Gore likely felt this could lead to more stable, predictable monetary policy that is less subject to shifting political winds. Making the process less political may also increase public trust in the independence and integrity of monetary authorities.