Post
Topic
Board Economics
Re: Inflation soaring in US and other countries gives good prospect to bitcoin
by
Lucius
on 15/09/2021, 09:53:17 UTC
I can only say that I already feel inflation on my skin, I notice every day that prices are going up, and that new prices are being announced when it comes to gas, water, electricity, but also food. Of course, the pandemic and all the measures taken in this regard are the main cause, but the major climate changes that have caused reduced food production around the world should also be taken into account.

I agree with those who say that the governments of the most powerful countries did not have a choice about the measures they took, even though they know that this is not a good solution. I also think that the world is generally in a much worse situation than they want to admit, but panic is not in anyone's interest, so it is better that we all pretend that more or less everything is fine.

Bitcoin may be a good hedge against inflation, but one should never forget how volatile it is.