Quote from: justdimin on Today at 09:03:48 AM

Bitcoin must be a great asset to fight against hyper inflation. The simple difference of bitcoin from our fiat helped that to become possible. If bitcoin was designed with unlimited supply then probably you cannot depend on bitcoin to fight against inflation (then bitcoin and fiats may not have big differences as well Tongue

). Higher inflation is to stay with us for years as incoming days food production may diminish and economic revolutions may not happen due to lack of innovation and shortage of manpower and many other similar reasons but governments may not stop printing money whenever they need.

The governments were just looking for an excuse to print unlimited amounts of banknotes and the COVID 19 pandemic gave them exactly that. If you look at the increase in M1 monetary supply of various fiat currencies, it is nothing short of scary. I checked the M1 supply of dozens of nations, and I saw this pattern with each of them. Governments around the world are printing money like there is no tomorrow. And anyone with a minimum intelligence would understand that this will have far reaching consequences to the economy.