cabron
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August 01, 2021, 08:27:14 PM |
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This actually is pretty true and quite obvious. The amount of fiscal deficits that have been created by governments around the world in the past two years is honestly much more than what was created in years before that which means it would actually take a lot of time for the economy to adjust itself according to this deficit, also covid even until now doesn't look like it's ending which means in some countries there might still be some lockdowns leading to even more fiscal deficits and then the same cycle could continue even further for a longer time frame. But I am sure with an increase in inflation the interest rates would rise too and therefore investing in traditional markets would be profitable. But yes Bitcoin holders will obviously be at an edge. And so the reason for real estate properties skyrocketing and the big banks and financial institutions are also the ones buying these properties making the prices higher too. Inflation isn't just deliberately done but it's happening day by day even before the pandemic and the poor get poorer and the rich get richer. It was here a long time ago. The old way to get a country richer was colonizing by means of war but it had changed these days. China is conquering without war. They just invest in different countries and buying up land.
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Silberman
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August 04, 2021, 08:48:27 PM |
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This actually is pretty true and quite obvious. The amount of fiscal deficits that have been created by governments around the world in the past two years is honestly much more than what was created in years before that which means it would actually take a lot of time for the economy to adjust itself according to this deficit, also covid even until now doesn't look like it's ending which means in some countries there might still be some lockdowns leading to even more fiscal deficits and then the same cycle could continue even further for a longer time frame. But I am sure with an increase in inflation the interest rates would rise too and therefore investing in traditional markets would be profitable. But yes Bitcoin holders will obviously be at an edge. I doubt that many countries are going to implement lockdowns as they know the damage that they are going to do to their economy and they are not willing to do that especially when they are so indebted and they know that if they do that their economy may not recover, this means that the economic recovery that people were expecting is probably not going to happen with the intensity that they were expecting, and this is worrying because the economy was in bad shape before the pandemic and now it is even in a worse shape.
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Sithara007
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August 05, 2021, 04:00:39 AM |
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The impact of stimulus measures is already visible in the US economy. https://www.ama-assn.org/system/files/2020-12/issue-brief-increases-in-opioid-related-overdose.pdfThe number of annual deaths from drug overdose is now >90,000, after remaining somewhat stable at around 60,000 for the past many years. The reason is that a lot of people used the stimulus cheques to purchase drugs. The conclusion here is that stimulus measures have left money in the hands of people who don't really need it. And in such a situation it is only a matter of time before the inflation levels jump higher.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
AVATAR & PERSONAL TEXT Leading Crypto Sports Betting & Casino Platform Feel free to drop your doubts bellow Report to moderator ♠ ♥ ♣ ♦ ▬▬▬ ▬ Stake.com / Play Smarter ▬ ▬▬▬ ♠ ♥ ♣ ♦ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ L E A D I N G C R Y P T O C A S I N O & S P O R T S B E T T I N G Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here. Strongkored Legendary * Online Online Activity: 2072 Merit: 1061 View Profile Personal Message (Online) Trust: +0 / =0 / -0 Ignore Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY May 31, 2022, 08:28:59 AM Reply with quote +Merit #2 Bitcointalk Username: strongkored Profile Link: https://bitcointalk.org/index.php?action=profile;u=640554Post Count: 5040 Forum Rank: Legendary Are you able to wear our Signature, Avatar & Personal Text? will wear upon receipt Stake
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Irenerty
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August 05, 2021, 04:11:07 AM |
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Inflation will always exist, but high inflation will not last long. Government spending keeps the central bank printing money, which creates inflation. The impact of a pandemic usually causes economic struggles, especially in the form of inflation and hyperinflation. The shortage of labor, raw materials and other restrictive factors may slow down the recovery of the supply chain, thereby pushing up inflation, which may be more lasting than we expected.
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justdimin
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August 05, 2021, 09:03:48 AM |
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The best thing you can do with bitcoins is store them so you can protect yourself from inflation. Even though bitcoin is volatile, if it is withdrawn over a longer period of time (logarithmic chart), the value of bitcoin has remained or even increased drastically in the last 10 years.
Bitcoin must be a great asset to fight against hyper inflation. The simple difference of bitcoin from our fiat helped that to become possible. If bitcoin was designed with unlimited supply then probably you cannot depend on bitcoin to fight against inflation (then bitcoin and fiats may not have big differences as well ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) ). Higher inflation is to stay with us for years as incoming days food production may diminish and economic revolutions may not happen due to lack of innovation and shortage of manpower and many other similar reasons but governments may not stop printing money whenever they need.
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Vishnu.Reang
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August 05, 2021, 11:18:44 AM |
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Bitcoin must be a great asset to fight against hyper inflation. The simple difference of bitcoin from our fiat helped that to become possible. If bitcoin was designed with unlimited supply then probably you cannot depend on bitcoin to fight against inflation (then bitcoin and fiats may not have big differences as well ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) ). Higher inflation is to stay with us for years as incoming days food production may diminish and economic revolutions may not happen due to lack of innovation and shortage of manpower and many other similar reasons but governments may not stop printing money whenever they need. The governments were just looking for an excuse to print unlimited amounts of banknotes and the COVID 19 pandemic gave them exactly that. If you look at the increase in M1 monetary supply of various fiat currencies, it is nothing short of scary. I checked the M1 supply of dozens of nations, and I saw this pattern with each of them. Governments around the world are printing money like there is no tomorrow. And anyone with a minimum intelligence would understand that this will have far reaching consequences to the economy.
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Silberman
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August 07, 2021, 08:33:51 PM |
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The impact of stimulus measures is already visible in the US economy. https://www.ama-assn.org/system/files/2020-12/issue-brief-increases-in-opioid-related-overdose.pdfThe number of annual deaths from drug overdose is now >90,000, after remaining somewhat stable at around 60,000 for the past many years. The reason is that a lot of people used the stimulus cheques to purchase drugs. The conclusion here is that stimulus measures have left money in the hands of people who don't really need it. And in such a situation it is only a matter of time before the inflation levels jump higher. While it is true that a lot of people receive money that they did not needed at the same time we cannot really say that those people that used the money to buy drugs did not actually needed that money, they just decided to use that money to buy drugs instead of using it to pay rent, which shows why it is such a bad idea to give money away in such fashion, it would have been better for the government to use that money to buy food and to give it directly to people that needed it.
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Sithara007
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August 08, 2021, 04:05:18 AM |
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While it is true that a lot of people receive money that they did not needed at the same time we cannot really say that those people that used the money to buy drugs did not actually needed that money, they just decided to use that money to buy drugs instead of using it to pay rent, which shows why it is such a bad idea to give money away in such fashion, it would have been better for the government to use that money to buy food and to give it directly to people that needed it.
Agreed. The government should have provided the aid in the form of food stamps, or they could have created a mechanism where the landlords would receive the due rent from the authorities. Giving hard cash as handouts has never worked anywhere in the world. It encourages all sort of unwanted behavior, in addition to increasing the inflation rate. And in the US, the government needs to be very carful. Because the US Dollar is one of the few fiat currencies that are used as legal tender by multiple countries.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
AVATAR & PERSONAL TEXT Leading Crypto Sports Betting & Casino Platform Feel free to drop your doubts bellow Report to moderator ♠ ♥ ♣ ♦ ▬▬▬ ▬ Stake.com / Play Smarter ▬ ▬▬▬ ♠ ♥ ♣ ♦ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ L E A D I N G C R Y P T O C A S I N O & S P O R T S B E T T I N G Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here. Strongkored Legendary * Online Online Activity: 2072 Merit: 1061 View Profile Personal Message (Online) Trust: +0 / =0 / -0 Ignore Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY May 31, 2022, 08:28:59 AM Reply with quote +Merit #2 Bitcointalk Username: strongkored Profile Link: https://bitcointalk.org/index.php?action=profile;u=640554Post Count: 5040 Forum Rank: Legendary Are you able to wear our Signature, Avatar & Personal Text? will wear upon receipt Stake
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Silberman
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August 10, 2021, 09:03:07 PM |
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While it is true that a lot of people receive money that they did not needed at the same time we cannot really say that those people that used the money to buy drugs did not actually needed that money, they just decided to use that money to buy drugs instead of using it to pay rent, which shows why it is such a bad idea to give money away in such fashion, it would have been better for the government to use that money to buy food and to give it directly to people that needed it.
Agreed. The government should have provided the aid in the form of food stamps, or they could have created a mechanism where the landlords would receive the due rent from the authorities. Giving hard cash as handouts has never worked anywhere in the world. It encourages all sort of unwanted behavior, in addition to increasing the inflation rate. And in the US, the government needs to be very carful. Because the US Dollar is one of the few fiat currencies that are used as legal tender by multiple countries. They just made assumption that people were going to take care of their needs instead of their wants with the money they were given, an expectation that is completely out of place as it is obvious that there is a lot of people that are unable to control themselves and will spend that money in whatever they wanted, so it would have been better to not give that money directly the way they did, also I do not really think that the US government cares that other countries are using their currency as legal tender or as a store of value and if anything they are taking advantage of that fact.
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Sithara007
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August 11, 2021, 03:10:20 AM |
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They just made assumption that people were going to take care of their needs instead of their wants with the money they were given, an expectation that is completely out of place as it is obvious that there is a lot of people that are unable to control themselves and will spend that money in whatever they wanted, so it would have been better to not give that money directly the way they did, also I do not really think that the US government cares that other countries are using their currency as legal tender or as a store of value and if anything they are taking advantage of that fact.
In an ideal world, the government expects the citizens to behave in a responsible manner. It is best to provide the support in the form of legal tender, because then it is easier for the people to take care of their needs. For example, if you provide food stamps it may be useless for people who don't have cash with them to purchase medicines. So ideally, support should be given in the form of cash. But the startling fact that an addition of 30,000+ overdose deaths have been reported makes me rethink. Perhaps the ordinary citizens are not capable of spending money in a responsible manner.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
AVATAR & PERSONAL TEXT Leading Crypto Sports Betting & Casino Platform Feel free to drop your doubts bellow Report to moderator ♠ ♥ ♣ ♦ ▬▬▬ ▬ Stake.com / Play Smarter ▬ ▬▬▬ ♠ ♥ ♣ ♦ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ L E A D I N G C R Y P T O C A S I N O & S P O R T S B E T T I N G Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here. Strongkored Legendary * Online Online Activity: 2072 Merit: 1061 View Profile Personal Message (Online) Trust: +0 / =0 / -0 Ignore Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY May 31, 2022, 08:28:59 AM Reply with quote +Merit #2 Bitcointalk Username: strongkored Profile Link: https://bitcointalk.org/index.php?action=profile;u=640554Post Count: 5040 Forum Rank: Legendary Are you able to wear our Signature, Avatar & Personal Text? will wear upon receipt Stake
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Silberman
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August 13, 2021, 07:53:44 PM Last edit: August 16, 2021, 04:57:36 PM by Silberman |
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They just made assumption that people were going to take care of their needs instead of their wants with the money they were given, an expectation that is completely out of place as it is obvious that there is a lot of people that are unable to control themselves and will spend that money in whatever they wanted, so it would have been better to not give that money directly the way they did, also I do not really think that the US government cares that other countries are using their currency as legal tender or as a store of value and if anything they are taking advantage of that fact.
In an ideal world, the government expects the citizens to behave in a responsible manner. It is best to provide the support in the form of legal tender, because then it is easier for the people to take care of their needs. For example, if you provide food stamps it may be useless for people who don't have cash with them to purchase medicines. So ideally, support should be given in the form of cash. But the startling fact that an addition of 30,000+ overdose deaths have been reported makes me rethink. Perhaps the ordinary citizens are not capable of spending money in a responsible manner. Well you said it best, this will be the best possible option in an ideal world, unfortunately we do not live in an ideal world and while there is a big segment of the population that is able to use their money responsibly there is a lot of evidence that shows that there is also a very significant group of people that are unable to do so, and what's worse this latter group is the one that needs the most help precisely because they do not know how to administer their own money.
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Fortify
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August 13, 2021, 08:00:58 PM |
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When money is cheap everyone tries to borrow as much as they can and invest it in assets that they think will appreciate faster than inflation. It's worth remembering though that pretty much every crisis in history has appeared out of nowhere and taken pretty much everyone by surprise. Just look at Covid - Bitcoin fell as much as the stock market in the early days. Inflation is bad news for everyone really, because it will ultimately cause an affordability issue for everyone who owns a mortgage (see: the majority) and will eventually lead on to a recession if ongoing inflation rises turns out to be true into the future. Let's hope supply chains settle down and Covid does not cause too much instability or even crypto holders will not be safe.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Gyfts
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August 13, 2021, 08:15:27 PM |
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The impact of stimulus measures is already visible in the US economy. https://www.ama-assn.org/system/files/2020-12/issue-brief-increases-in-opioid-related-overdose.pdfThe number of annual deaths from drug overdose is now >90,000, after remaining somewhat stable at around 60,000 for the past many years. The reason is that a lot of people used the stimulus cheques to purchase drugs. The conclusion here is that stimulus measures have left money in the hands of people who don't really need it. And in such a situation it is only a matter of time before the inflation levels jump higher. It might be true that the stimulus checks helped out a lot of drug addicts but drug addiction in the US has been rising. Not sure if it's something in the water or what the deal is that Americans can't lay off the meth and oxycodone, but I'd make the guess that the poor economic situation and readily available drug dealers on their local corners would be the major contributing factors. Just watch, once USD starts to collapse, you'll find more and more will turn to drugs when the economic situation turns even more dire than it is. Inflation is not supposed to be the "new normal", but some bureaucrats at the national banking institutions will tell you otherwise.
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Silberman
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August 16, 2021, 08:38:11 PM |
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When money is cheap everyone tries to borrow as much as they can and invest it in assets that they think will appreciate faster than inflation. It's worth remembering though that pretty much every crisis in history has appeared out of nowhere and taken pretty much everyone by surprise. Just look at Covid - Bitcoin fell as much as the stock market in the early days. Inflation is bad news for everyone really, because it will ultimately cause an affordability issue for everyone who owns a mortgage (see: the majority) and will eventually lead on to a recession if ongoing inflation rises turns out to be true into the future. Let's hope supply chains settle down and Covid does not cause too much instability or even crypto holders will not be safe. It is true that some crises come out of nowhere and the coronavirus pandemic is one example of that, this is why they call them black swans, however not every single crises is like that, for example the crisis that happened in 2007 that put the financial system at risk all over the world was something that people have been predicting for at least a decade, however those at the top of the financial system and the governments choose to not listen to them, why? Because it was more comfortable and they believed the control they had over the economy was simply too strong.
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Hughes_Ryan
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August 16, 2021, 10:19:38 PM |
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For developing and poor countries, inflation will kill everyone's future there. It puts people under extreme pressure to go to a dead end. Inflation indirectly increases the rate of theft and social evils. What is condemnable is that it happened before covid and now everything is just natural process, Hyperinflation will be the flame that burns after covid 19 This increases the odds of bitcoin will hitting an ATH over $100k this year. It is not an unwarranted prediction. Just accumulate bitcoins and erase inflation
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Sithara007
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Leading Crypto Sports Betting & Casino Platform
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August 17, 2021, 03:40:05 AM |
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It might be true that the stimulus checks helped out a lot of drug addicts but drug addiction in the US has been rising. Not sure if it's something in the water or what the deal is that Americans can't lay off the meth and oxycodone, but I'd make the guess that the poor economic situation and readily available drug dealers on their local corners would be the major contributing factors.
Just watch, once USD starts to collapse, you'll find more and more will turn to drugs when the economic situation turns even more dire than it is. Inflation is not supposed to be the "new normal", but some bureaucrats at the national banking institutions will tell you otherwise.
Prescription opioids are destroying the rural communities. Pharma giants are making tens of billions every year from it, while huge number of mostly young people die from drug overdose. In addition to prescription opioids, now they have synthetic drugs such as fentanyl and xylazine. On the other hand, the urban areas have witnessed a decline in drug addition (mostly heroin/cocaine), partly as a result of the unavailability of these drugs. But the negative here is that synthetic drugs like fentanyl are much more likely to cause overdose deaths, when compared to drugs like heroin.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
AVATAR & PERSONAL TEXT Leading Crypto Sports Betting & Casino Platform Feel free to drop your doubts bellow Report to moderator ♠ ♥ ♣ ♦ ▬▬▬ ▬ Stake.com / Play Smarter ▬ ▬▬▬ ♠ ♥ ♣ ♦ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ L E A D I N G C R Y P T O C A S I N O & S P O R T S B E T T I N G Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here. Strongkored Legendary * Online Online Activity: 2072 Merit: 1061 View Profile Personal Message (Online) Trust: +0 / =0 / -0 Ignore Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY May 31, 2022, 08:28:59 AM Reply with quote +Merit #2 Bitcointalk Username: strongkored Profile Link: https://bitcointalk.org/index.php?action=profile;u=640554Post Count: 5040 Forum Rank: Legendary Are you able to wear our Signature, Avatar & Personal Text? will wear upon receipt Stake
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semobo
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August 17, 2021, 05:59:28 AM |
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For developing and poor countries, inflation will kill everyone's future there. It puts people under extreme pressure to go to a dead end. Inflation indirectly increases the rate of theft and social evils. What is condemnable is that it happened before covid and now everything is just natural process, Hyperinflation will be the flame that burns after covid 19 This increases the odds of bitcoin will hitting an ATH over $100k this year. It is not an unwarranted prediction. Just accumulate bitcoins and erase inflation
Inflation will never stop increasing until the banks stop printing the papers, accumulating bitcoin is a way to save yourself from the inflation trap but bitcoin is not actually created to avoid inflation at all. But inflation can be only stopped with the change in government policies and increase the cash flow in their economy instead of taking money from poor people as tax and give it to the rich people.
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bryant.coleman
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August 17, 2021, 07:03:04 AM |
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Inflation will never stop increasing until the banks stop printing the papers, accumulating bitcoin is a way to save yourself from the inflation trap but bitcoin is not actually created to avoid inflation at all. But inflation can be only stopped with the change in government policies and increase the cash flow in their economy instead of taking money from poor people as tax and give it to the rich people.
Why blame the banks? They are just following the orders from the government. In recent times, the government attitudes have changed. Many of the governments are trying to win electoral support by distributing freebies. And this requires huge amounts of cash. The tax rates are already high, and they can't be increased further. So the only option left is to print more and more banknotes. For the common people it means that their purchasing power goes down in the near future. But their only focus is on the temporary gains.
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semobo
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 17, 2021, 07:08:39 AM |
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Inflation will never stop increasing until the banks stop printing the papers, accumulating bitcoin is a way to save yourself from the inflation trap but bitcoin is not actually created to avoid inflation at all. But inflation can be only stopped with the change in government policies and increase the cash flow in their economy instead of taking money from poor people as tax and give it to the rich people.
Why blame the banks? They are just following the orders from the government. In recent times, the government attitudes have changed. Many of the governments are trying to win electoral support by distributing freebies. And this requires huge amounts of cash. The tax rates are already high, and they can't be increased further. So the only option left is to print more and more banknotes. For the common people it means that their purchasing power goes down in the near future. But their only focus is on the temporary gains. But the printing bill power is in the hands of FED so they decide how much bills printed every year, if they want they can limit the supply but they won't. Actually banks are individual body if I am not wrong so they are not supposed to be a puppet for the leaders action.
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breathlessz
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Trphy.io
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August 17, 2021, 03:46:20 PM |
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Inflation will never stop increasing until the banks stop printing the papers, accumulating bitcoin is a way to save yourself from the inflation trap but bitcoin is not actually created to avoid inflation at all. But inflation can be only stopped with the change in government policies and increase the cash flow in their economy instead of taking money from poor people as tax and give it to the rich people.
Why blame the banks? They are just following the orders from the government. In recent times, the government attitudes have changed. Many of the governments are trying to win electoral support by distributing freebies. And this requires huge amounts of cash. The tax rates are already high, and they can't be increased further. So the only option left is to print more and more banknotes. For the common people it means that their purchasing power goes down in the near future. But their only focus is on the temporary gains. But the printing bill power is in the hands of FED so they decide how much bills printed every year, if they want they can limit the supply but they won't. Actually banks are individual body if I am not wrong so they are not supposed to be a puppet for the leaders action. right, bank operations are still controlled by the government, and banks must comply with government regulations, therefore they cannot act alone and must comply with regulations. maybe this is a consideration from the government which until now has not been able to legalize crypto, because the government is more difficult to control it
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