Post
Topic
Board Economics
Re: Rate cuts money printing inflation
by
teosanru
on 30/09/2019, 17:31:25 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!!  
If you think it's the first time fiat is losing its purchasing power then may be you are someone who has just grown or just gathered his financial knowledge. Fiat is a currency created to lose its purchasing power over time. It's been doing so since it's creation. Inflation is not prices going up it's the purchasing power of your fiat coming down. But the thing is losing purchasing power is actually sign of economic development. As per the Keynesian Theory of Macro Economics Inflation is necessary for economic development. So a crash would occur when the opposite happens which means when the fiat is gaining it's purchasing power. However in any case bitcoin I think might not prove to be a great hedge because it still doesn't has a very well organized spread among the masses which means it can still be purely manipulated pretty easily.