RE: Unpopular question

You are viewing a single comment's thread from:

Unpopular question

in economy •  3 years ago 

I will respond even though it has been two years.

There is a difference between value and price. Printing money does not increase the value of anything, it only depreciates the dollar. But that does not make BTC more valuable for example, because even if it goes up in price, all other products did too (inflation), so the increase in dollars does not translate into a profit.

The increase in the prices of BTC and those assets is not due to money printing, it is due to more people buying it (more demand) because they see it good for something and start using it, then the price increases.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!