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RE: The Fed And Inflation

in LeoFinance4 years ago

he belief is that we are going to see all kinds of bad things from this such as the collapse of the USD or hyperinflation

Hiperinflation is something frightening for countries. It will cause multiple crisis from economic to politic. When the hiperinflation can be avoided there will be bad things that happened to poor citizens. The whales or rich in the countries still can earn living peacfully. I heard that Venezuala has suffered from hiperinflation. The number of poverty increases and some citizens migrate to neighbooring countries. Can cryptocurrency answer the problems? In my view cryptocurrency is a solution to unbanked people to acces world economic opportunities. However, cryptocurrency is not addopted leggaly by governments that is the problem.