# The world needs a currency with stable purchasing power.

By [0xailin](https://paragraph.com/@0xnuk) · 2022-04-24

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![](https://storage.googleapis.com/papyrus_images/bb0b459d5ed08ad2277171719924cf6e68ef9ff655f6a0f6456c552727956276.png)

随着各国央行继续实施货币宽松政策并打开印钞机，各国法定货币的购买力稳步下降。今年，美国的CPI（消费者物价指数）达到了8.5%的近20年高位。数据显示，在资产负债表方面，美国从2020年初的4.14万亿美元飙升至2021年底的7.33万亿美元，印制约3.2万亿美元；而在 M2 供应方面，它已从 15.3 万亿美元飙升至 19.2 万亿美元。在某种程度上，当今全球市场流通的美元有 20% 是在 2020 年印制的。大量印钞和大量超发导致市场上流通的货币越来越多，自然造成货币贬值和通货膨胀。

Therefore, the world needs a new stable currency more than ever.

You read that right, it’s not the crypto community, it’s the world that needs it.

We should know that the essential need of transaction is to exchange goods for goods, currency is just a transit/storage need when exchanging goods, it is more convenient, but in the face of inflation, it looks so poor. Suppose we have item A with a shelf life of one year, which can now be exchanged for item B with equal value. We don’t need item B now, but item A has a shelf life, so we have to exchange it into currency (say dollars) first. Ten years later, we need item B, but considering the 4% annual inflation, it is now worth 1.48 times of what it was then, while the dollar is still only 1.22 times even if we buy 10-year treasury bonds. We have more money in our hands, but we can only buy back 82% of the value of the item at that time, which is the power of inflation.

Like the example above, because of global inflation, we find that fiat money is not very stable relative to commodities, in terms of the property of being a medium of exchange for goods. We need currencies that have constant purchasing power over time, which is the true stable currency.

Now, we see teams moving toward that goal.

VOLT is a digital currency in the ETH network that achieves the goal of a truly stable currency by anchoring the purchasing power of the US dollar. For example, if VOLT was launched at the beginning of the month at $1 and inflation was 1% last month, VOLT would end the month at $1.01 and it would adjust monthly over time based on Consumer Price Index (CPI) data, which is powered by Chainlink. Like MakerDAO’s DAI, VOLT will be backed by a mix of user-deposited collateral and protocol-controlled assets, differing from DAI or other algorithmic stablecoins in that VOLT is anchored to truly stable purchasing power, rather than paper money printed at the whim of state agencies.

Volt 的部署令人兴奋，更重要的是，它是一个社区项目。您可以使用美元的系统配置并提供使用意见？在伏特中，您可以。Volt 最终将成为由 DAO 控制的项目，通过一个国际化的项目，未来每个参与者的每个人都可以发出声音的决定，但由全体成员是否通过。对于CPI而言，它是真正代表国家的新力量项目尚未全面启动，但有该如此巨大的另一种潜在货币创造。参与一个将成为未来全球货币系统发展的准许，有什么比这更酷的呢？都不能带来。

![](https://storage.googleapis.com/papyrus_images/c2762bb821afbe12cac2d29463e01f738b3f539cbc1cd54a3e5834aa27a992e6.png)

在十余年区块链技术的发展和预见​​中，FEI等稳定币的探索，应运而生的需求，这种真正的购买力可以稳定地代表习惯性，VOLT上市后短期内可能被观察到从未来发展的角度来看，不会有很多人愿意持有这种美元的稳定。

第一台蒸汽机车的时候，有人开马车、跑火车、搞火车还有马车，今天所有火车的人都被问世。代码与美元相比，但展望未来呢？

VOLT下载：[https://github.com/volt-protocol/whitepaper/blob/main/volt.md](https://github.com/volt-protocol/whitepaper/blob/main/volt.md)

网址：[https://www.voltprotocol.io/](https://www.voltprotocol.io/)

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*Originally published on [0xailin](https://paragraph.com/@0xnuk/the-world-needs-a-currency-with-stable-purchasing-power)*