Post
Topic
Board Economics
Re: We dont see and dont feel hyperinflation only for one reason
by
create_crypto
on 02/01/2021, 15:34:32 UTC
We dont see the hyperinflation only for one reason
because of the big drop in money occasioned by Covid19
Thanks to covid we dont have to bring 100k+ to shop to buy  some milk and other food .

No wonder why before the covid every responseble person at the covid times have a economic degree or kind of economic money business background.

So if they open business normal ways again...
The hyperinflation will rocket fast like rocket


I can say you that we have a pritty big inflation in travel industry (airlines companies, cruises, liners, trains). Whose players who survive play prices up as they can to quickly recover.

Also sevices for medicine and health industy infliated terrible. In some contries because of a covid people can`t even treat cancer, because all industry fiting for covid, and they must to find private expansie hospitals.

Also we see how part of stimulation package money gone on a markets and at crypto also, while a lot of people siting at home, and didn`t find other ways to spend it. Therefore, this money supply is taken out of circulation and does not create inflation.