Post
Topic
Board Economics
Re: High inflation is causing GLOBAL protests
by
amishmanish
on 21/07/2022, 17:38:32 UTC
Structural inflation isn't in the interest of the average citizen, and it's forced upon us by central banks.
It's the main reason I'm into Bitcoin: I believe money should be scarce to be valuable.

Well said we all.. I think banks have for ages used stick and carrot policy to keep us working,  The fed create money control its supply and then lend it to generate interest for banking system, again relending the money and generating interest.  Businesses have created wars, inflation, and hyperinflations to bring government  under their control and enslaving nations 
 Meanwhile high inflation high to ensure that we work for more money to pay debts and we take more credit to fulfill our needs. Thus remain stuck in this vicious cycle forever.