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Hidden inflation? Most top GDP economies of the world target the inflation rate to 2% which is about on par with the current issuance rate of Bitcoin. So most
by bouncycastle 6y ago
Hidden inflation?
Most top GDP economies of the world target the inflation rate to 2% which is about on par with the current issuance rate of Bitcoin. So most people don't understand that Bitcoin is currently powered by its own inflation.
- madmaniak 6y agoI see you didn't get the word hidden and say what economies are openly and loudly announcing. No offence. Can you explain the last claim, as I'm the one who in this case is included into the most people.
- bouncycastle 6y agoIt's not hidden at all. Most developed economies including USA & UK target 2% inflation. Here you go https://www.bankofengland.co.uk/monetary-policy/inflation https://www.bankofengland.co.uk/monetary-policy/inflation https://www.stlouisfed.org/open-vault/2019/january/fed-inflation-target-2-percent#:~:text=To%20meet%20the%20price%20stability,and%20how%20it%20is%20measured https://www.stlouisfed.org/open-vault/2019/january/fed-infla.... Actually, top GDP economies now have a major problem since the inflation is way below 2%.