In this clip from the Weekly AMA, we talk about all things inflation.
*Inflation an increase in the general price level of goods and services. It’s related to the amount of money in the money supply. *
Hyperinflation is not clearly defined but is generally related to rampant price increase from month to month. Usually people will want to spend their money faster because their money is losing its value.
Stagflation is when the economy is not growing and you have high monetary inflation. Our economy is currently in a stagflationary state.
We talk about this and more in this clip from the Weekly AMA!
https://images.hive.blog/DQmVsxUBNSEttko3J3d7LDXL9BWGYLXLXAs798Z1EPjeUdf/image.png
About LeoFinance
LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
Our mission is to put Web3 in the palm of your hands.
Twitter: https://twitter.com/FinanceLeo Discord: https://discord.gg/E4jePHe Whitepaper: https://whitepaper.leofinance.io
Our Hive Applications
Join Web3: https://leofinance.io/ LeoMobile (IOS): https://testflight.apple.com/join/cskYPK1a LeoMobile (Android): https://play.google.com/store/apps/details?id=io.leofi.mobile Delegate HIVE POWER: Earn 16% APR, Paid Daily. Currently @ 2.8M HP Hivestats: https://hivestats.io LeoDex: https://leodex.io LeoFi: https://leofi.io Polygon HBD (pHBD): https://wleo.io/hbd Polygon HIVE (pHIVE): https://wleo.io/hive
Web3 & DeFi
Web3 is about more than social media. It encompasses a personal revolution in financial awareness and data ownership. We've merged the two with our Social Apps and our DeFi Apps:
CubFinance (BSC): https://cubdefi.com PolyCUB (Polygon): https://polycub.com LEO Wrapping Bridge: https://wleo.io
▶️ 3Speak
Return from The Inflation Conversation | Will the Macro Environment Ever Recover? to khaleelkazi's Web3 Blog