this pandemic have made me do research on things i never tought before economy

[Ayiranorea]

The countries that has affected by the hard hyperinflation isn't caused out of any form of pandemic. This has happened as a result of corrupt politics, and policies that are aimed to make people suffer. This time the entire world has been facing the pandemic, and due to the shut down of industrial sectors there is lack of money flow.

Hyperinflation won't happen with any of the country upon the pandemic effect. Also increasing the tax is not at all a solution. The money into circulation has decreased a lot. There is a need for large volume of funds, because common people doesn't have any fund to use it. Maybe government need to issue loans and other ways of funding to increase the circulation in the market. This is the way to overcome hyperinflation than increase of taxes.

[iv4n]

Motivation comes from strange places! What drives you to learn more, to be more active on that field... For me that was crypto world itself! When I discovered crypto, I started understanding economy! It's always about making profit, and doing something with the profit (making more or making fun), zillion things to try, to learn about them... or simply said the world of new possibilities!
Now after many years I am definitely more interested in crypto based economy than in traditional economy, traditional economy is shady to the bonus. The more you learn about it, the more you will see it!

[raidarksword]

At the current pandemic we are right now putting high tax on people or businesses is not the solution because everyone are struggling with financial as well as business establishments  are closing down due to the lockdowns wherein people are in the house most of the time. The solutions for these are putting good and well-planned interactions to deal with the country economy struggles and used some funds as a momentary solutions to deal with crisis. The government should be the first to help the people and not to put burden by putting high taxes on them.

[cryptoboss2020]

The countries that has affected by the hard hyperinflation isn't caused out of any form of pandemic. This has happened as a result of corrupt politics, and policies that are aimed to make people suffer. This time the entire world has been facing the pandemic, and due to the shut down of industrial sectors there is lack of money flow.

Hyperinflation won't happen with any of the country upon the pandemic effect. Also increasing the tax is not at all a solution. The money into circulation has decreased a lot. There is a need for large volume of funds, because common people doesn't have any fund to use it. Maybe government need to issue loans and other ways of funding to increase the circulation in the market. This is the way to overcome hyperinflation than increase of taxes.

If Some Country banks taking in a large quantity of the foreign currency they also must issue the a lot loans and credit to re balance ammount of Foreign currency with local currency.

For example:  United Kingdom*
Most Common : Property investment *
More Foreign currency they take in the more loans and credit they must issue with local currency.

[cuteness]

i think because of the lockdown happens in all country. the production of our daily needs is too slow and its effect will be an increase in the price of goods.

[Dragonfund]

You see, I was in cryptocurrency for more than a year and I never knew there are other economic reasons ( such as fundamental) that drive value of Bitcoins and altcoins until pandemic started in the Asian part of the world.
Covid-19 made me know how the traditional financial institution works, how they are move by economy and inflation including printing of more dollars.
Other education factors include racism, yes US experience one and I really learnt how we can be tolerate each other regardless 0f our differences. The hardship was real with covid-19 especially the third world countries.
Some countries are back to normal but businesses were heavily affected, this why we should all learn to be in peace, if there should be a world war |||, it wouldn't be funny for everyone in this world.

[FanEagle]

Well, I am not good at all these, so I can’t tell for sure. But sincerely I don’t see anything wrong with reopening the economy, except the fact that a lot of things have not been put in place. We should be more worried about what will happen to people if we reopen the economy because a lot of people are going to die, killed by the coronavirus.

I am saying this, though I know that some people are now starting to overlook the Covid-19, especially where I live where some people are seeing it as a fake news. Well, that’s the work of ignorance. A lot of them don’t even wear masks any longer, they just don’t care.

[magneto]

so yesterday i did some research was reading also some educational things.
i found something interesting:  likely if we will open all world now then the currency might be hyperinflated.
So we cant open economics full around the world if we do that the fiat currencies will be like zimbawen dollars in one month.

The solution: possible solution is highest taxes we ever seen in life.
According to all calulations analysis and mathematics the high taxes are only solution keep fiat currency alive.

What are you babbling on about?

Deflationary risks around the world right now is much more prominent than any significant hyperinflationary risks. Central banks around the world are trying to somehow circumvent the zero nominal bound for short term interest rates. They have plenty of room to maneuver upwards if there are any prospects of inflation.

Of course, there is a risk with widespread QE that inflation spirals out of control after the lockdown ends. But I think that it's very unlikely this will be the case with most advanced economies since inflation expectations have been so low over the past 2 decades. Definitely diversify into safe havens just in case, but I wouldn't bet on hyperinflation.

[CarnagexD]

Not so sure how to put it, but hyperinflation may not happen despite the current face of the economy. Why? It's because everyone is on the same dumpster now. And you open a country by the way to minimize damages caused by a catasthropic event,to allow more people to come over and spend their money on that particular country. That wouldn't be a viable solution in the case of COVID-19 because of course, traveling outside of your house already pose a great risk, what more would traveling outside the country will be?

[$crypto$]

Well, I am not good at all these, so I can’t tell for sure. But sincerely I don’t see anything wrong with reopening the economy, except the fact that a lot of things have not been put in place. We should be more worried about what will happen to people if we reopen the economy because a lot of people are going to die, killed by the coronavirus.

I am saying this, though I know that some people are now starting to overlook the Covid-19, especially where I live where some people are seeing it as a fake news. Well, that’s the work of ignorance. A lot of them don’t even wear masks any longer, they just don’t care.

We have to be really big from the Covid-19 case so that it is even more free in opening the economy to its fullest, we know that this virus will not disappear at once, therefore slowly the economy may be slightly opened where people will continue their normal activities but still with the same protocol. applied it is the most important thing and of course the economy needs several processes in developing it.

Only people who do not care about their health always ignore Covid-19, they are stubborn people who do not follow government recommendations, but I see the media as ready with a vaccine that will be implemented soon whether this is effective or not, let's see.

[Silberman]

This whole idea of taxing the rich is always well received by the masses but how are they going to do it? They can easily increase the amount that theoretically rich people will have to pay in taxes, but do you think they are going to sit down doing nothing while politicians pass this law? Of course not, they will use their influence to block such new taxes and even if they cannot do so they can modify the law enough to create holes in it and allow them to use those very same holes in the law to not pay those taxes, effectively making useless any attempt to tax them at an higher rate than what they are paying now.

You are wrong here!!
The top richest elites dont pay fair taxes anyways.
The small enterprise owners will high taxes or even little bigger ones.

Dont forget rich play by different rules.

Okay, you as the small business owner you dont like that?  Well but this the government and biden is there by elections.

And what population are now dominant??
The poor the unemployment so they like everything what the biden will do.

Not really I said that it is impossible or at least very difficult to force the rich to pay more taxes than what they are paying now and if they are paying zero taxes then most likely despite any new laws that are passed they will keep paying that very same amount, I am very aware that the rich play by different rules since they can move to different jurisdictions and pay no taxes in the process which is why this idea of taxing the rich is impossible unless all the governments of the world decided to change their laws at the same time to block any attempt of the rich to avoid taxes.

[BITCOIN4X]

Covid 19 is a real threat to anyone because this virus has killed thousand of people around the world. So far, my country has not implemented a second phase lockdown because most of the cases occur in densely populated areas which also have more access to the outside.
I really need to keep myself healthy and safe from viruses. My real job has caused me to leave home sooner than anyone else.

Today more and more businesses are reopening and this will make our country's economy even better.

[Inkdatar]

This Covid 19 many people suffered and many are affected. Even our economy are at worst because of no income though these days government are starting to allow business to reopen as this will help economy to regain its revenue. During this pandemic many people comes into realizations about life, about the future and about the economy welfare. Good thing vaccine will comes out as announced in the news but no specific date when, hopefully early next year let's see what will happen.

[biosupdate2020]

 If you haven't heard of the brenton woods agreement I highly suggest taking the dive. A quick summary is that it was the deal that global governments made for rebuilding after WW2. They sat down and agreed to use the US dollar backed by gold to fund rebuilding and investment. Notice that I said "backed  by gold".

Monetary value is stemmed much like other investment instruments. Supply and demand. Question is; what is the dollar backed by now? 

[uneng]

Biden's proposal is to set higher taxes on rich Americans. There is a logic behind his words. If we set high taxes on everyone, then poor people just will not be able to resist the pressure and they may won't survive or there will be robbery and stealing because these people need food to stay alive. If we only set high taxes on rich people, they'll still live the good life but with a little bit less money and I think that should be okay.

If we open the whole world - there will be "hyperinflation"
If we close the whole world - there will be what? Anything better than hyperinflation? Closing the world = mental problems, i.e. more death because of it, destroyed economics and businesses, it's like committing suicide and in case of hyperinflation, we can still survive, see Germany as the example of it, they had enormous hyperinflation back in 1920 but built the strongest economics.

I agree with Baiden here. Just see Jeff Bezos, a person who become even richer during pandemic decided to cut down the rates for amazon affiliates, how fair is it?

This whole idea of taxing the rich is always well received by the masses but how are they going to do it? They can easily increase the amount that theoretically rich people will have to pay in taxes, but do you think they are going to sit down doing nothing while politicians pass this law? Of course not, they will use their influence to block such new taxes and even if they cannot do so they can modify the law enough to create holes in it and allow them to use those very same holes in the law to not pay those taxes, effectively making useless any attempt to tax them at an higher rate than what they are paying now.

In theory they say the riches are going to pay higher taxes, but in fact the middle class is the one going to be sacrificed, as always. The elites put the knife in government's and congress' necks and get all they want from them, but the middle class doesn't have the same *persuasion* power, while the poors (the masses) can't be charged by the state, as the leftwing needs their votes to maintain themselves ruling.
Leftists hate middle classes because they are the only independent force of a country, which built and conquered their patrimony by their own effort, it's the only class which offers resistance to government's abusive regulations and taxation policies.

[pankowri]

so yesterday i did some research was reading also some educational things.
i found something interesting:  likely if we will open all world now then the currency might be hyperinflated.
So we cant open economics full around the world if we do that the fiat currencies will be like zimbawen dollars in one month.


The solution: possible solution is highest taxes we ever seen in life.
According to all calulations analysis and mathematics the high taxes are only solution keep fiat currency alive.




i might be wrong but let me know guys.

For any issues, case study always shows us something special which we need to work for. Likely, it is hard to open the economy fully by force because of pandemic but we have to continue it. Then the government forcibly imposed more taxes on our daily commodities for continuing the economy smoothly. Without following this way, government can't think a lot option because of pandemic to continue the fiat currency.

In this theory, rich people can pay it easily but what about middle class or lower class. It is not a proper solution for them. They will face many problems if the system forcibly imposed it.

[Zanab247]

Many people find their self doing  so many things during the pandemic, that collapse so many countries economy, that is causing hardship in the country. Many people carry out research to know when the covid-19 will be end in the country for many people to resume their daily activities in the country.
Many people use the opportunity to join bitcoin platform to Know more about bitcoin investment in the forums.

[jaysabi]

i found something interesting:  likely if we will open all world now then the currency might be hyperinflated.
So we cant open economics full around the world if we do that the fiat currencies will be like zimbawen dollars in one month.

This doesn't make any sense and you haven't presented any source for people to independently assess whatever materials you came across.  It sounds like whatever you read was from a crackpot conspiracy theorist or you grossly misunderstood whatever was being discussed, because there's no reason that opening the economy would cause hyperinflation.  If nothing else, it would bring back economic activity to help support all the fiat currency that has been created during the pandemic.  Hyperinflation is possible, but not because the economy is opened up.

[bearexin]

likely if we will open all world now then the currency might be hyperinflated.
So we cant open economics full around the world if we do that the fiat currencies will be like zimbawen dollars in one month.

Excuse me??? Did you read what you just wrote here cause I’m a bit confused? If we open up the economy then the currency might face hyperinflation? But, the economy and the currency has gotten pretty bad already because of the lockdown, so do you still think that the lockdown is a good thing to continue with? Countries that took the lockdown to an extra length happened to face worst, their economy crumbled.

In my country, just one month of lockdown and people can’t afford to buy good any longer lol. For me if you ask I’d say it’s best to open up the economy because things are tough already.

[Furious 7]

This Covid 19 many people suffered and many are affected. Even our economy are at worst because of no income though these days government are starting to allow business to reopen as this will help economy to regain its revenue. During this pandemic many people comes into realizations about life, about the future and about the economy welfare. Good thing vaccine will comes out as announced in the news but no specific date when, hopefully early next year let's see what will happen.

We will start in 2021 the economy has started to open and develop in several businesses, therefore we will start earning as usual, but still that still needs a process the government has also held a meeting to remain their economy in this pandemic situation, we will pass this This is because we believe that the vaccines that have been delivered to the public can have a good impact after which they will be healthier in their fitness and be able to carry out various other activities.
Hopefully this can all get well soon.