COVID 19 enriched majorities while the minorities suffer.
The current increament in the cost of commodities in the market is alarming bad yet the majorities who are representative of the minorities (politicians) seem to pay less concerned.
This increament before now was tag to be as a result of Covid 19 which interrupted importation and exportation of good and services.
It is expected that with the decrease in the Covid 19 spread I thought their will be a corresponding decrease in prices of price the reverse is the case.
My question remains is their any hope for price decrement.
I think everyone suffered a lot from the pandemic, but poorer countries and smaller businesses were hit harder than others. The US printed tons of Fiat, and inflation is already a bit higher than expected if I'm not mistaken. As for Bitcoin, it recovered from the initial hit of March 2020, and I think it became largely independent from the pandemic, unlike the global economy. So the price can go up or down, based on other events and their media coverage, but it's impossible to predict where it'll go.