Quote from: teosanru on Today at 07:36:48 PM

Quote from: countryfree on July 15, 2021, 10:10:24 PM

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.

This actually is pretty true and quite obvious. The amount of fiscal deficits that have been created by governments around the world in the past two years is honestly much more than what was created in years before that which means it would actually take a lot of time for the economy to adjust itself according to this deficit, also covid even until now doesn't look like it's ending which means in some countries there might still be some lockdowns leading to even more fiscal deficits and then the same cycle could continue even further for a longer time frame. But I am sure with an increase in inflation the interest rates would rise too and therefore investing in traditional markets would be profitable. But yes Bitcoin holders will obviously be at an edge.

And so the reason for real estate properties skyrocketing and the big banks and financial institutions are also the ones buying these properties making the prices higher too. Inflation isn't just deliberately done but it's happening day by day even before the pandemic and the poor get poorer and the rich get richer. It was here a long time ago.

The old way to get a country richer was colonizing by means of war but it had changed these days. China is conquering without war. They just invest in different countries and buying up land.