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Inflation
HomeGlossary TermsInflation

Inflation

June 28, 2023BY Ubik Capital
31Views
25 Likes

Inflation is the term used to describe the rise in prices within an economy, leading to a decrease in the buying power of fiat currencies like USD, EUR, JPY, or GBP. One possible cause of inflation is the expansion of the money supply, usually undertaken by a country’s central bank. However, many cryptocurrencies employ a fixed policy that gradually reduces the circulation of tokens or coins over time, often with a predetermined maximum supply that cannot be surpassed.

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