Words
65
Reading
1 min
6y
Hyperinflation is caused by buying power increasing so high that companies can't produce enough for people to buy... That means companies have to spend more money than they earn and that means salaries will drop and that will also drop buying power... Then people need more stimulus and the loop starts from beginning...
There is threshold where people think spending makes more sense than HODLing.
RE: Guggenheim says Bitcoin's going to $400k