The Fed compares bitcoin and dollar on fluctuations

The post published on the blog of the United States Federal Reserve did not escape the bitcoin community, in which two graphs are compared: the first showing egg prices in dollars from January 2021 to April 2022, with a fluctuation that in 14 months is between 1.47 and 2.52 dollars; the second, which always reports the price of eggs in the same period, but in bitcoin, where the fluctuation highlighted is greater. The main criticism of the Fed is that it has chosen a period that is particularly favorable to the US currency: by zooming out, ie taking into consideration a longer period, a completely different picture would emerge, in which the US dollar has lost value significantly. massive compared to bitcoin.