Goldman’s Chief Investment Officer, Sharmin Mossavar-Rhami, will host a meeting with economics professor Jason Furman at the Harvard Kennedy Business school and Jan Hatzius, Goldman Sachs’

Chief Economist and Head of Global Studies.

In 2018, Mossavar-Rhami stated that it did not appreciate in Bitcoin or other cryptocurrencies.The invitation did not provide more information about the content of the call outside the header. However, under this heading, the apparent aim of the meeting is to discuss how the current central bank policy and monetary inflation risk can affect assets such as Bitcoin and gold.

In 2020, the Federal Reserve printed over $ 3 trillion through a mix of financial programs such as the QE and Cares Act, and almost doubled its balance sheet only in the first quarter of the new decade. (Other central banks in the world are taking similar measures).This fund, advocated by sound money advocates, laid the groundwork for inflation; This is a climate where scarce assets such as bitcoin and gold flourish.

This argument also attracted the attention of investor Paul Tudor Jones.In a letter to investors, Jones backed the belief that bitcoin would play a “growing role” during a deteriorating economic crisis that left 40 million Americans unemployed. As Jones said, “The Great Monetary Inflation” will be the unprecedented expansion of all kinds of money, unlike anything the developed world has ever seen. “

Goldman Sachs’ invitation seems to adopt a similar feeling, and the announcement comes just days after JPMorgan JPM, the world’s largest investment bank, announced that it opened an account on Bitcoin exchanges, an important legitimizer for an industry struggling to sustain banking.Wall Street is waking up as an obstacle to inflation, and digital gold is now becoming a popular trend of thought.

The question is, which bank will join the Bitcoin domain?