Post
Topic
Board Economics
Re: Higher Inflation Is Here to Stay for Years
by
davis196
on 16/07/2021, 06:51:10 UTC
I've said it for a long time, but this time, I'm not making this up. It's from the WSJ.

https://www.wsj.com/articles/higher-inflation-is-here-to-stay-for-years-economists-forecast-11626008400

BTC holders shall not worry.

The global financial elite wants to devalue all debts by increasing inflation.
Nobody wants low inflation,because sooner or later the banks and governments with high debt rates/high budget deficits will go bankrupt.Increased money printing will give more fiat money in the hands of governments with big deficits/debt.This will postpone the upcoming financial disaster,but the standard of living of the working and middle class will go down in the next few years.
Keep on buying BTC.