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RE: RE: HBD: Learning From USD's Strength

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taskmaster4450le
@taskmaster4450le
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Dollars sitting in the bank get weaker every day.

And how has oil done over the last months compared to crypto? What happened to the purchasing power of Bitcoin over the last 8 months?

So it isnt only dollars that this is happening too.

The fact that we currently have higher than normal inflation indicates that the dollar is getting weaker faster..

What is the inflation rate on $HIVE? 7.25% What is the inflation rate on Bitcoin? 1.5%

Inflation is the expansion in the money supply. It may or may not result in price increases. What you describe is not inflation since the USD is not inflating. In fact, the creation of USD is flat since then end of the Great Financial Crisis.

So you have price increases due to a radical adjustment in the supply/demand equation yet people parrot the foolishness of money printing.

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