Post
Topic
Board Bitcoin Discussion
Re: What impact of printing a lot of money on inflation and Bitcoin
by
bangdik123
on 03/04/2020, 07:47:24 UTC
It remains to be seen what the inflation rate will look like in several years time.

It's also difficult sometimes to know what the real rate of inflation is.  Different governments use different formulae to calculate it, giving the impression that they prefer to fudge the numbers a little to make the situation appear less dangerous than it really is.


Isn't the rate of inflation calculated based on the price of essential products compared to the price of last year? I don't know how they can fudge numbers if other economists can see that.

Indeed, the calculation of inflation from the price value that is currently scarce so that the price of products may experience inflation, but from the other side the calculation of import and export calculations also determines because the calculation can be based on the dollar so that purchasing products from outside can be one of the triggers for inflation.