How Ending 2% Inflation Targets Could Positively Impact Crypto – BeInCrypto

Central banks have used established targets to keep inflation on track, but the current economic turmoil could see them adjusted upwards. This would be bad for fiat currencies but good for crypto in the long term.

For years, central banks have used monetary policy to keep inflation on target, typically at or below 2%. Governments, meanwhile, would continue efforts to keep debts under control to maintain this economic equilibrium.

This was shattered during the 2008 financial crisis, which was caused by avaricious investment banks issuing and profiting from toxic loans. Bitcoin was spawned from the fallout of the inevitable collapse that followed as a hedge against banks and their meddling. However, the financia