Inflation

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Sweden’s ‘Lagom’ Response to Coronavirus: No Masks, Keep The Economy Going With a “No Limit” Printing Press

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The Coronavirus in Sweden has so far claimed 611 deaths, with 7849 confirmed cases. Swedish people still send their kids to school and are not hoarding much of anything compared to countries like the US. But just like in most of the world many businesses are hit hard, and the country’s central bank has started … Read more

Maduro Orders Venezuelan Bank Closures Amid Coronavirus Scare

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In order to combat the coronavirus outbreak in Venezuela, President Nicolás Maduro has ordered the entire country to quarantine themselves. With an inflation rate that rises more than 10,000% per year, the country’s citizens have already been dealing with economic turmoil. Maduro has also shut down the national banking system and regional authorities banned gasoline … Read more

Rumors of Bitcoin’s Death Are Greatly Exaggerated

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According to the Bitcoin Obituary Page, Bitcoin died 379 times between 2010-2019 of an astonishing array of causes. The number is undoubtedly understated since it is based on a limited sample of obituaries. Despite the glee with which the corpses of Bitcoin are contemplated, however, cryptocurrency thrives because it continues to fill the human need … Read more

Bitcoin Halving Will Drop Inflation Rate Lower Than Central Banks’ 2% Target Reference

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When Satoshi Nakamoto invented Bitcoin, the creator designed the protocol to be an inflationary currency, one that is predictable as bitcoin’s inflation always decreases every four years. Today, 77 days before the reward halving, BTC’s inflation rate is around 3.6% and it’s expected to drop to 1.8% after the halving event. The cryptocurrency’s inflation rate … Read more