Will Inflation Be Long Term?

Here's An Interesting Article

This article talks about the root cause, or perhaps the only cause, of inflation. That is, printing money and devaluing the dollar itself by printing too much. I think it’s pretty normal for each president to outspend all the previous ones, but during the pandemic this was particularly true. I think another factor in the ongoing printing is 1) Presidents/politicians want votes and 2) People want free money. So the printing has more or less continued with whatever good reason they have around. Here’s an article about a Johns Hopkins Economic professor who disagrees with the Fed.

https://seekingalpha.com/news/3877381-fed-chief-powell-does-not-understand-what-is-causing-inflation-johns-hopkins-econ-professor

It’ll be interesting to see how inflation plays out and what affect it’ll have on Bitcoin. The “Gold Standard” of crypto.

 

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