Bitcoin could become ‘worthless’, Bank of England warns

[duong]

Oh, I thought we were being told that inflation is a good thing now?

[Dementedmilk]

Its not inflation. Its price gouging.

[icao]

services that are used for inflation should be comparable and easily measured, however this is an old way of thinking to keep calculations simple and easy to track. However society and technology have gotten more advanced. Why can't there be a more advanced inflation model be created that factor in for inconsistent products and services such as housing, food and electricity? Seriously, google can on the fly calculate ideal driving directions instantly for many millions of drivers at any given moment in the day around the world, but economists are limited to the easiest goods and services to track? There are online bots that track prices constantly for deals for consumers. Builders, realtors, property assessors, and so forth have a wealth of information to price homes. Builders may even go with price multipliers to get a general price for out of state pricing. Inflation likes to avoid volatile prices, but the reality is people are buying this constantly that are priced this way. If bots can get pricing and figure our averages and trends on a per product basis, why can't that be used for inflation? I'm no economist, and I don't care for reasons that equate to "it's too hard", when that's not how we got to this point in society. Trillions are at stake based what economists says about the economy, so why not spend more on getting better information.I get that the basket of good

[axis2001]

Answer: No. Go buy gold and BTC.

[dazen]

Its time for money to exit the DXY and go into cryptocurrencies.

[vance277]

crypto Market lately has been so encouraging couple with the fact that there is a new president in charge which experts has projected his administration to be a win win for investor in the store market. What are you still waiting for my dear? The time is now! Great The stock

[fortsettler]

 decoupling from china; how ta hack not cause inflation. increase wage 1.5XKickout immigrant

[Zerovox]

No . It can't! 100%

[glenzelig]

watch?v=q8VIBSZEGmI&t=4s&ab_channel=CryptoMoonlightcom

[anthrox]

Boomer media: "bItCoiN dOeSnT haVE fUNdAmENtaL vALue"  lol you all were saying that when it was a few bucks, and you'll continue to say it when it's valued at hundreds of thousands. I can't wait for your leech filled "financial advisor" industry to be gutted.

[plasmosis1]

Print baby print!

[meanwhile]

FUD

[tanada]

The fear mongering in US media is insane. As long as inflation is controlled it is NOT a problem. It didnt appear out of nowhere, it is the outcome of the economic stimulus created by the government. The United States is the greatest economy on earth with the greatest minds to work on this problem. I am sure things will be just fine.

[rosalindrosalinda]

 world  Governmental debt and out of control money printingThis article is flawed inflation is caused in a large part by excessive money printing. They did not even mention this among the causes that have led to this wave of inflation. In fact there are multiple causes of inflation that are all made worse by the national

[cosine]

Inflation will be transitory. I heard a similar story about weapons of mass destruction in Iraq