Our work to change deflationary expectations that have been entrenched over time as well as people’s behavior under such expectations has been progressing as expected, with the strong reinforcement of an actual rise in the CPI.
If we want to find good regulation for a digital financial world, we cannot build it on superficial distinctions: we have to look closely at each and every case. Be it crypto currencies, robo advice or payment services – whether it constitutes a risky financial business or merely an additional service may depend on details.