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Life After Brown
Anyone Afraid Of Inflation?
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<blockquote data-quote="Over70irregs" data-source="post: 5868053" data-attributes="member: 59424"><p>Hmm Inflation is international it seems. Especially in Argentina. </p><p></p><p><em>“The user decides to buy Bitcoin when they see the news that the currency is going up, while stablecoin is more pragmatic and many times used for transactional purposes, as a vehicle to make payments abroad.” </em></p><p></p><p>[The report says the US dollar has lost its appeal as a safe-haven asset over the past two months as Bitcoin’s dollar value rose by 60%, dwarfing the Argentine peso’s 10% gain against the greenback over the same period.</p><p></p><p>According to economist Nicolas Gadano, Argentines have around $200 billion in US currency savings, surpassed only by dollar holdings in the United States and Russia.</p><p></p><p>But the report says locals are now using their dollar savings and making investments to protect themselves from inflation.]</p></blockquote><p></p>
[QUOTE="Over70irregs, post: 5868053, member: 59424"] Hmm Inflation is international it seems. Especially in Argentina. [I]“The user decides to buy Bitcoin when they see the news that the currency is going up, while stablecoin is more pragmatic and many times used for transactional purposes, as a vehicle to make payments abroad.” [/I] [The report says the US dollar has lost its appeal as a safe-haven asset over the past two months as Bitcoin’s dollar value rose by 60%, dwarfing the Argentine peso’s 10% gain against the greenback over the same period. According to economist Nicolas Gadano, Argentines have around $200 billion in US currency savings, surpassed only by dollar holdings in the United States and Russia. But the report says locals are now using their dollar savings and making investments to protect themselves from inflation.] [/QUOTE]
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Anyone Afraid Of Inflation?
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