7.9 C
May 25, 2020
Image default

Why gold and virtual currency Bitcoin are attractive for deflation | Controversial economic impact of Corona

Are Gold and Bitcoin Asset Classes Strong against Deflation? Despite the spread of the new coronavirus infection, the governments of each country have invested over 800 trillion yen as an emergency economic measure, but there is concern that the global economy will deteriorate. As for the post-corona economic trend, while there is concern about inflation due to supply shortages due to disruption of the supply chain, there are also voices of concern over deflation due to lack of demand as consumer sentiment continues to cool. Recently, attention is being paid to gold as an investment target under such circumstances. Gold is known as an inflation-resistant asset, but in reality …

Related posts

What is the Bitcoin half-life? Explain the impact on virtual currency price and caution points

Aparnna Hajirnis

How far should Bitcoin hashrate continue to fall?

Anupreet Kaur

How likely is Bitcoin to reach $ 20,000 by the end of the year?

Anupreet Kaur

Leave a Comment