Hyperinflation and Rent Controls – 2020’s Telltale Signs of Economic Distress...
If history serves us well, 2020 is likely a precursor to a long and dreadful economic depression throughout a myriad of countries worldwide. During the last year, economists and analysts have been discussing how specifically the United States economy and the U.S. dollar are losing global dominance quite rapidly. While a few analysts believe the old adage “it could never happen here,” many economists expect the increase of rent controls and hyperinflation to ravage the U.S. and many other powerful countries. Countries That Allow Massive Stimulus Injections Will Face Serious....
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As signs of hyperinflation in the U.S. continue to appear, our society will suffer in numerous ways. Those who choose bitcoin will have some protection.
Twitter and Square CEO Jack Dorsey has warned that hyperinflation will soon happen in the U.S. and elsewhere in the world. “Hyperinflation is going to change everything. It’s happening,” he predicted. Many people disagreed with him, however.
US Will Soon Experience Hyperinflation, Says Twitter CEO Jack Dorsey
The CEO of Twitter and Square Inc., Jack Dorsey, tweeted a warning about hyperinflation in the U.S. Friday. “Hyperinflation is going to change everything. It’s happening,” he wrote.
Comments flooded his tweet. At the time....
The ongoing hyperinflation in Venezuelan markets is reportedly causing an increase in Bitcoin adoption, according to the Panam Post. The online media outlet has collected evidences from a nonprofit digital currency educationalist, Bitcoin Venezuela. Their report demonstrates a drastic surge in Bitcoin usage - almost 50% within one week - in the wake of government's stringent controls over the foreign exchange markets. The Backdrop. Back in February 2003, the Venezuelan Government - led by the late former President Hugo Chavez - introduced a three-tier exchange rate policy in order to....
Fourteen countries have inflation levels above 18 percent right now, 10 of which are rising at press time. Bitcoin prices and new user adoption have spiked several times in the past during economic turmoil such as banking bailouts and hyperinflation. Bitcoin as Safe-Haven Asset. 2016 had more than its share of global economic turmoil, but 2017 is also....