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Where is the inflation that central banks effectively promised? The COVID pandemic has caused unseen crippling of economies to shut down. The money supply is there, so when these economies revive and when they do it will be significant, the velocity of money will pick up and if not careful the inflation could easily overshoot desired levels by governments/central banks #btc #btcusd #btcinflation
By JasonWhere is the inflation that central banks effectively promised? The COVID pandemic has caused unseen crippling of economies to shut down. The money supply is there, so when these economies revive and when they do it will be significant, the velocity of money will pick up and if not careful the inflation could easily overshoot desired levels by governments/central banks #btc #btcusd #btcinflation