Post
Topic
Board Economics
Re: Higher Inflation Is Here to Stay for Years
by
sana54210
on 18/08/2021, 21:42:07 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.
Higher inflation is not the cause of a problem, it is the result of the problem itself. We could have very very little inflation if the money we have in the world was used properly, a tiny bit of increase is healthy because it creates a demand to grow bigger, but these super high ones are a big problem because of what we are doing with the money.

Think about it, do you really believe that Zimbabwe and Venezuela has a problem because they have high inflation, or do they have a big problem already that just has side effect of having high inflation along with it? They are corrupted and problematic places that runs everything horribly including economy and this caused high inflation, but many believe high inflation caused the problems which is false. So if we could use the money we have in every nations economy, we could have a proper inflation to go along with it.