News about Hyperinflation

More / Bitcoin Reddit - 1 year ago

Stages Of Hyperinflation - USA is at stage #5

There is a general pattern for the stages of hyperinflation. This can also be viewed as the stages of the "death of a fiat currency". Money can be seen as serving 3 roles. It is a medium of exchange, it is a store of value, and it is a unit of accoun...

More / Bitcoin Reddit - 2 years ago

Living under inflation or hyperinflation reality

Greetings my Bitcoin friends. I don't know where most of you come from, so, please allow me to assume that most of you come from developed countries where inflation has not been a problem (at least for the last 50 years). Since March 2020 the wo...

by COINS NEWS - 2 years ago

Hyperinflation: ATMs in Turkey are replacing the double zero '00' key with a triple zero '000'. Lira has lost 30% of its value in 2021 and 80% since 2012. Hits fresh all time low. But they have banned crypto as "risks are too big"

Inflation in Turkey is through the roof, that the ATM operators are now replacing the 00 key with 000 key so that people can withdraw enough currency notes for their regular expenses. 000 key installed. The Turkish currency Lira continues to p...