Post
Topic
Board Economics
Re: Rate cuts money printing inflation
by
NathanJB
on 30/09/2019, 13:34:12 UTC
We all ready see this, prices specially Property rent and buy prices are going higher.


Do You think its coused by inflation?  


If so do you think the gold and btc Will be hedge?

I think the assets prices going up in Europe,  USA, Australia Central Banks just started money printing those 3  countries wich i mentioned above


As we Know in canada there is about to start Economic recessions If they dont start rate cuts like USA, EU, AU just did.


Uk Economic situation is 50/50 it can go down.

Do You personally feel that Fiat Currrency losing slowly puraching power?  

I do feel that, but the problem is i cant buy groceries food and daily needs with Bitcoin first i have to Exchange my btc to Fiat, so the Bitcoin and gold is Not really Solution for that problem!!  

It is by design that the fiat currency is depreciating rather than appreciating. That is precisely the logic behind the rising prices of goods and services, and of course together with salaries and benefits to cope up with the former. That is why it is not advisable to save too much money in the banks. It is better to invest or save on properties whose value appreciates rather than depreciates such as real estate properties. And if one saves money in the banks, it will have to earn a regular interest. The problem occurs if the interest earned is lower than the inflation rate. That would spell disaster.

Bitcoin, on the other hand, is appreciating. And so its purchasing power is rising instead of decreasing. And that makes this currency much better than fiat. Take the case of that 10k BTC pizza. 10K BTC today is already worth approximately $80 million.