Topic: Covid 19 protecting value of money (Read 550 times)
Of course, we can say that in a pandemic, cryptocurrency helps users improve their financial condition, given the current performance of the cryptocurrency market. Thus, a person who does not want to lose the value of their savings due to the depreciation of national currencies can buy one of the rated cryptocurrencies. But before doing this, a person must understand what he is doing.
Of course, we can say that in a pandemic, cryptocurrency helps users improve their financial condition, given the current performance of the cryptocurrency market. Thus, a person who does not want to lose the value of their savings due to the depreciation of national currencies can buy one of the rated cryptocurrencies. But before doing this, a person must understand what he is doing.
The cryptocurrency market helped people who had money to invest during a pandemic but majority of the world population lives on daily wages and middle class and they cannot spare the money when they are in fear of loosing their job or business and it is evident that millions of people lost their job and business in the past one year and economy is not improving either. 
Not only that the covid pandemic has created an incentive for businesses to not hire people and instead try to automate most of their processes so even if things went back to normal right now many of those jobs are never coming back, so we are in a very interesting point in history as new technologies that in the past generated as many jobs as they destroyed seems like they will take way more jobs than in the past and this will create massive unemployment.
That is the bad side of the things we have right now, but we have to look at the good side as well which is remote working. The whole world learned that many jobs could have been done from home, and even though lockdowns are not a thing anymore, some jobs are still done at home, as long as it can be done from home why make people go to work?It saves money for the company too and every worker would rather be at home too, so it is a win-win situation both for the worker and the company. Automation will destroy jobs eventually anyway, but remote work wasn't going to happen without covid, so we could say in the business world the biggest change was people who worked from home.
Automation on the other hand would have been done with higher and better tech anyway, we need to figure out how this increasing amount of population with decreasing amount of jobs available can survive, because it is not anymore and unemployment is record breakingly high all over the world.
Not only the rich, Bitcoin can also effectively deal with inflation and protect the assets in the hands of some people in small countries from being evaporated.
Let us face the fact that covid-19 has caused great hardship in various countries. Maybe for the rich, they just don't mind but for the poor how are they?
This pandemic has a huge impact when it comes to the flow and value of money. You must be wise because if you don't, you will end to be miserable.
This pandemic has a huge impact when it comes to the flow and value of money. You must be wise because if you don't, you will end to be miserable.
No, maybe you are right, COVID-19 could protect their wealth, but actually it still increase the risk about their life if they get sick, even they could spend a lot of money for themself.
Do you know that the rich also lose money? The more money will print the less money will be because the purchasing power has not been canceled. Is it okay that the more money is printed now the stronger inflation will be tomorrow? What are you talking about? Are you healthy or are you also infected and now you are trying to distract yourself from feeling bad by writing absolute nonsense on the Internet? Go sleep it off, for God's sake.
One way or another, today the government is not looking for other ways to overcome the economic crisis and is trying to save business by increasing the money supply. in any case, it harms almost everyone and not only business, but also an ordinary user. Based on this, coronavirus worsens the situation, but does not maintain parity in any way and value for money.
How could increasing the supply can help the economic situation? I don't think it's helpful to economy if the government will choose to do that since if they decide to increase the supply for sure the value will decreased and that would be a huge disaster to the country since they will struggle in the long run if these plans will be made by them. The virus really hit bad all the country but the only thing we can do to save the economy is to have a proper coordination in terms of protocols given, people should have discipline so that this virus will be controlled.
Not only that the covid pandemic has created an incentive for businesses to not hire people and instead try to automate most of their processes so even if things went back to normal right now many of those jobs are never coming back, so we are in a very interesting point in history as new technologies that in the past generated as many jobs as they destroyed seems like they will take way more jobs than in the past and this will create massive unemployment.
That is the bad side of the things we have right now, but we have to look at the good side as well which is remote working. The whole world learned that many jobs could have been done from home, and even though lockdowns are not a thing anymore, some jobs are still done at home, as long as it can be done from home why make people go to work?It saves money for the company too and every worker would rather be at home too, so it is a win-win situation both for the worker and the company. Automation will destroy jobs eventually anyway, but remote work wasn't going to happen without covid, so we could say in the business world the biggest change was people who worked from home.
Automation on the other hand would have been done with higher and better tech anyway, we need to figure out how this increasing amount of population with decreasing amount of jobs available can survive, because it is not anymore and unemployment is record breakingly high all over the world.
One way or another, today the government is not looking for other ways to overcome the economic crisis and is trying to save business by increasing the money supply. in any case, it harms almost everyone and not only business, but also an ordinary user. Based on this, coronavirus worsens the situation, but does not maintain parity in any way and value for money.
Not all countries will resort to increasing their money supply, the supply is cut, its just that the money has been diverted to other things that are used to help with the pandemic, unfortunately, labor is the most affected and most of the population of a country is getting their money from so it is evident it may seem to look like the pandemic is protecting the rich people when in reality it is not. It is a good thing that the government is saving business because they are the biggest tax contributor but the problem is that the bigger the business, the less the tax you are going to pay. Not to mention that there was a financial standing and financial gap that has separated the rich and the poor even before the pandemic, the gap just got bigger and that is why we have noticed it. I do not agree that COVID-19 protects the value of money, which means that the value of money will decrease due to inflation. Because the government does a lot of printing money, this is actually only a temporary solution. But it could not solve the economic crisis that occurred.
Because in my country the stimulus provided by the government which comes from printing money is given to the public, but society does not use the money wisely. However, many people in my country use the stimulus check to buy something that is not important. That's why it creates new problems, related to COVID-19 is indeed very complicated to solve. It needs a lot of education from the government.
The logic is that since covid started money has been printed but inflation wasn't "that" high, in any other situation it would have been higher and it would have hurt the economy so badly, however because we weren't capable of earning money and spending it, we needed government to print money and help us which obviously helped some stuff. Digital "debt" that really doesn't even exists in most cases being paid is not the same as actually giving money.Because in my country the stimulus provided by the government which comes from printing money is given to the public, but society does not use the money wisely. However, many people in my country use the stimulus check to buy something that is not important. That's why it creates new problems, related to COVID-19 is indeed very complicated to solve. It needs a lot of education from the government.
For example the famous 2008 one where 800+ billion dollars were paid back with about 10% rate if I am not wrong but that was still horrible for the inflation and everything else because it was focused on one place, wall street, whereas this one is more whole countries and that is why everyone got money and when everyone did, basically nobody did because everyone paid all those unpaid bills and rent and got their groceries type of stuff, nobody went up and bought a car with it, it wasn't a money like that.
"How is COVID protecting value of money?"
The Feds keep printing money, supply goes up, while spending is at underwater levels. The stimulus packages only make the situation worse, but they are necessary to help people cope with the circumstances. I believe a finacial is imminent as the stock market is too stretched out in my opinion and the pandemic has seriously left its footmark on the world.
Conclusion: COVID only worsens economies by keeping people unemployed and causing major distress among the population. It has its benefits, but the damages are far heavier.
Not only that the covid pandemic has created an incentive for businesses to not hire people and instead try to automate most of their processes so even if things went back to normal right now many of those jobs are never coming back, so we are in a very interesting point in history as new technologies that in the past generated as many jobs as they destroyed seems like they will take way more jobs than in the past and this will create massive unemployment. The Feds keep printing money, supply goes up, while spending is at underwater levels. The stimulus packages only make the situation worse, but they are necessary to help people cope with the circumstances. I believe a finacial is imminent as the stock market is too stretched out in my opinion and the pandemic has seriously left its footmark on the world.
Conclusion: COVID only worsens economies by keeping people unemployed and causing major distress among the population. It has its benefits, but the damages are far heavier.
Covid 19 protectong value of money
Yee...tht true ! Now everybody knows this
If economy is locked down you can print a lot money
As long as you make difficult people 2 get money
Yall good
Covid is good for wealthy people
Yee...tht true ! Now everybody knows this
If economy is locked down you can print a lot money
As long as you make difficult people 2 get money
Yall good
Covid is good for wealthy people
Actually it makes the economy much worse than it is when you do that. Having a lot of paper money can lead to fall on its value and this is not a good sign when you want a good economical status. Even before covid times this situation also happens a lot too so we can't say that the current pandemic was really protecting it.
I do not agree that COVID-19 protects the value of money, which means that the value of money will decrease due to inflation. Because
the government does a lot of printing money, this is actually only a temporary solution. But it could not solve the economic crisis that occurred.
Because in my country the stimulus provided by the government which comes from printing money is given to the public, but society does not
use the money wisely. However, many people in my country use the stimulus check to buy something that is not important. That's why it creates
new problems, related to COVID-19 is indeed very complicated to solve. It needs a lot of education from the government.
the government does a lot of printing money, this is actually only a temporary solution. But it could not solve the economic crisis that occurred.
Because in my country the stimulus provided by the government which comes from printing money is given to the public, but society does not
use the money wisely. However, many people in my country use the stimulus check to buy something that is not important. That's why it creates
new problems, related to COVID-19 is indeed very complicated to solve. It needs a lot of education from the government.
Covid is good for wealthy people
It's great for them...as we can see they are richer than before! Many people lost their jobs and minimum wagers, but who f. them when Jeff Bezos is making new records!
This world is fucked up real good! It will need a lot to repair all that is broken... What we have from previous generations? What we will leave to our kids and future generations? A huge mess? Problems? Do you ever think about it?
Covid is just a stupid virus, do you even know how many viruses there are? But what happened in last year, and what's happening now is crazy it can be! I am not buying their shit anymore, if you ask me covid is the best excuse for governments and powerful people to play their game without much interference.... all those things that were important before do not exist, now it's only covid! Haha, what a joke... it's like 1984! They are rewriting everything in front of our eyes and we can't do anything!
"How is COVID protecting value of money?"
The Feds keep printing money, supply goes up, while spending is at underwater levels. The stimulus packages only make the situation worse, but they are necessary to help people cope with the circumstances. I believe a finacial is imminent as the stock market is too stretched out in my opinion and the pandemic has seriously left its footmark on the world.
Conclusion: COVID only worsens economies by keeping people unemployed and causing major distress among the population. It has its benefits, but the damages are far heavier.
The Feds keep printing money, supply goes up, while spending is at underwater levels. The stimulus packages only make the situation worse, but they are necessary to help people cope with the circumstances. I believe a finacial is imminent as the stock market is too stretched out in my opinion and the pandemic has seriously left its footmark on the world.
Conclusion: COVID only worsens economies by keeping people unemployed and causing major distress among the population. It has its benefits, but the damages are far heavier.
Covid 19 protectong value of money
Yee...tht true ! Now everybody knows this
If economy is locked down you can print a lot money
As long as you make difficult people 2 get money
Yall good
Covid is good for wealthy people
Yee...tht true ! Now everybody knows this
If economy is locked down you can print a lot money
As long as you make difficult people 2 get money
Yall good
Covid is good for wealthy people
Money printing is supervised and accounted for everything they take out and they take in. So printing more money will just do more damage than everything especially to the economy as it will definitely result to higher inflation. So the COVID 19 protecting value of money is definitely false as ,
Estimates are that 22% of the circulating US dollar was printed in 2020.
Therefore, the value of money decreases in 2020. 
Inflation will be the outcome if the government print more money and the value of that paper will be meaningless and useless to all citizens. We might have negative impact of what covid brought us but it triggers new payment system like the uses of paperless and crypto payment system that everybody are using right now during these lockdowns we are experiencing.
While inflation is active and occurring in your country then recession will also occur.
Recession is really hard and can worsen economic crisis, because economic activities will probably become much lower and as Covid-19 is continuously active then we will probably suffer that long. In terms of investment, obviously we will have a doubt and uncertainty that will make us scared to invest.
But somehow, cryptocurrency will become more popular and mainstream due to more on digital transactions.
During our recession, the impact of what happens to the economy will continue to decline because residents are no longer sure what to do during this pandemic because the economic value will not rotate completely because of its limitations, therefore the traffic in digital transactions is now increasing due to Many issues are much better than Fiat.
Cryptocurrency is now gaining in popularity and has even increased by a few percent during this increase so many people are turning to lots of enthusiasts.
Inflation will be the outcome if the government print more money and the value of that paper will be meaningless and useless to all citizens. We might have negative impact of what covid brought us but it triggers new payment system like the uses of paperless and crypto payment system that everybody are using right now during these lockdowns we are experiencing.
While inflation is active and occurring in your country then recession will also occur.
Recession is really hard and can worsen economic crisis, because economic activities will probably become much lower and as Covid-19 is continuously active then we will probably suffer that long. In terms of investment, obviously we will have a doubt and uncertainty that will make us scared to invest.
But somehow, cryptocurrency will become more popular and mainstream due to more on digital transactions.
Covid 19 protectong value of money
Yee...tht true ! Now everybody knows this
If economy is locked down you can print a lot money
As long as you make difficult people 2 get money
Yall good
Covid is good for wealthy people
yes sometimes covid is unfair to all people. only the rich are able to survive covid19 because their finances are not too affected and their need for daily allocations is also reduced due to the rules of working from home. This is very inversely proportional to the poor people who are miserable and very difficult in finances Yee...tht true ! Now everybody knows this
If economy is locked down you can print a lot money
As long as you make difficult people 2 get money
Yall good
Covid is good for wealthy people
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