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IgorTheLight
Economics Explained
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Comments by "IgorTheLight" (@igorthelight) on "Hyperinflation is Already Here – You Just Haven't Realised It Yet | Economics Explained" video.
@Mathias Elslidnul Please elaborate on your negativity towards bitcoin
10
* Buy a house at 100 000$ * Now you will have to pay 10 000 per year * Hyperinflation hits * You STILL have to pay 10 000 per year. Now Now it's a price of one apple * Sell 10 apples = pay your WHOLE debt! This is a hyperbole but the logic is the same! If you still don't understand this - DO NOT TOUCH anything money related!
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Not true - you need paper, inc and electricity to print money ;-)
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@hmmmm6685 That is 100% true
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Kinda. That would be the same 100$ but now you could buy much less with it.
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That will not save you from financial loses tho Educating yourself will ;-)
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@DandinXY :-)
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@dongshengdi773 Fair point :-)
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Not everything will go up in prices EQUALLY ;-)
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That would be even worse for the economy
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He mentioned that in the video ;-)
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@THEMithrandir09 Well, not a single option is safe - some are just safer than others :-)
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That's why would should read what you are signing with a professional ;-)
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