Twitter Founder Jack Dorsey made a remarkable statement. Dorsey said hyperinflation will change everything. So what does this mean? What exactly does hyperinflation mean?
Although we have been talking only about the economy in Turkey lately, we are not the only country that has problems at this point. Rising prices with the breaking of supply chains all over the world confront countries. inflation comes out as This means that everyone, without exception, has a lower purchasing power. Some are more severely affected by this situation, while others are relatively more little affected.
No matter who you talk to today, you economic will say something. Now a new name has been added to it. Bitcoin-loving founder of Twitter Jack Dorseymade some remarkable statements.
OK, but what is hyperinflation?
Jack Dorsey said in a statement:hyperinflation it will change everything. It’s going to happen…” According to Dorsey, hyperinflation will be effective both in the USA and in all other countries. So what does this mean? What exactly is hyperinflation and why? scary Something? If you wish, let’s detail Dorsey’s explanations immediately.
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Hyperinflation, the rate of inflation reach 200% on an annual basis or to pass. The value of money is falling, perhaps more than it has ever seen, with dire consequences.
Chairman of the US Federal Reserve (FED) Jerome powell He also touched on this topic recently. Reminding that consumer inflation in the USA has reached the peak of the last 30 years, Powell stated that the recovery in the economy is uneven and that inflation may be permanent in the USA. The reason for this supply chains Underlining that this is the case, Jerome Powell said that there will be a situation of uncertainty for a while…
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https://en.sputniknews.com/20211025/twitterin-founder-dorsey-hyperinflation-everything-changes-1050138447.html