Fed Chair Kevin Warsh walked up to the podium at Jackson Hole on Friday morning and said something no one expected from a Trump appointee: the central bank is responsible for 65 months of elevated inflation, and fixing it comes first. Here’s what he said, why it matters, and what it means for your crypto portfolio.

What Warsh Actually Said

Warsh’s key line landed hard: “The responsibility for 65 months of sustained, elevated inflation sits squarely with the central bank.”

That’s a statement loaded with intent. By claiming responsibility for inflation — rather than blaming supply chains, fiscal spending, or external shocks — Warsh signaled that the Fed views itself as the primary tool for fixing the problem. And the fix, in…