Fed's Kashkari speaking at Town Hall In North Dakota: have time to let inflation to climb back to target

Fed's Kashkari is speaking at Town Hall In North Dakota

On monetary policy, he explained that he did not vote for a hike for following reasons:

• He has said so far that he doesn't see inflation taking off, no need to tap the breaks by raising rates.
• Doesn't see any signs that the US economy is close to overheating
• Doesn't know why inflation has been so low while jobless rate down from 10% to 4.4%
• Have time to let inflation to climb back to target

On Bitcoin, when answering a students question on whether Bitcoin threatens the Fed and the dollar:

• Crypto not threat Bitcoins and virtual currencies cant have runaway inflation 
• No way to prevent runaway inflation 
• We will see if it is a bubble
• Not a credible competitor to the dollar and bitcoin cant compete against the government created a monopoly that is government backed