Post
Topic
Board Economics
Re: Inflation and Deflation of Price and Money Supply
by
Stblcn
on 23/01/2019, 14:15:42 UTC
To be honest, i really upset how people runs our economy nowadays, majority of nations are currently experiencing high inflation rate so that the poverty rate in those country are consistently increasing!! Government around the world should settle this general issue about high inflation rate. because of this value of money depreciate overtime because of this fucking inflation rate!!! 


That's one the reason of creation of cryptocurrency. Like what happened in venezuela when they experienced hyperinflation since at least 2014. Bitcoin unexpectedly save their country from economic collapse. venezuela uses bitcoin as their currency and it was the first time that bitcoin used as currency.
Because of this, venezuela became one of the Biggest Markets for Crypto in the World.