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ProfessorGAC

(64,419 posts)
11. Not Seeing How
Sat Nov 12, 2022, 08:06 AM
Nov 2022

Theoretically, inflation is caused by too much money chasing limited goods & services.
In this case, there are other factors, much of it being overreaction to extrinsic events by underregulated commodity markets. And, opportunistic greed.
But, as I understandit, much of crypto investment is long-hold, or at least traded within the crypto world.
Hence, only a small fraction is actually circulating into & out of the overall economy.
I'm not seeing how this loss of investment value impacts the fundamental causes of our current situation.

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