# When fiat currency is volatile **Published by:** [xuanling11](https://paragraph.com/@xuanling11/) **Published on:** 2022-09-26 **URL:** https://paragraph.com/@xuanling11/when-fiat-currency-is-volatile ## Content Cryptocurrency may not promise you to become rich immediately, but it did foresee the worst scenario of the fiat currency - uncontrollable inflation that makes fiat currency unstable. We knew it would happen, but it just did not happen as quickly as we imagined dating back to 2008. Inflation is climbing into the most dangerous zone in decades: https://twitter.com/SamRo/status/1574214717500928000 These types of inflation usually will never occur unless we were: ✅ at war ✅ at the trade war ✅ at the political turmoil ✅ at the economic crisis ✅ at the energy crisis ✅ at the challenge of new power ✅ at the currency transition In the meanwhile, governments are doing a business-usual. https://twitter.com/NorthmanTrader/status/1574399615637782528 While the currency crisis intends to repeat itself, it will get worse, https://twitter.com/zerohedge/status/1574192830771249153 Or maybe not... https://twitter.com/catinoddplaces/status/1574227491115487233 Or maybe yes... https://twitter.com/WallStreetSilv/status/1573650386350645252 Okay, the point is, why is the currency in crisis mode? https://twitter.com/Santiag78758327/status/1573810035259572226 It is unresponsible for massive spending that gets out of control from central banks. Who is paying the bill after the math? Do you want to guess it? https://twitter.com/manzoorsohail/status/1571939275456888833 What is the bright side of the development of the currency crisis? https://twitter.com/subsurface_life/status/1574034535016468482 I have seen no light in the tunnel in the coming years, but it does not mean we are out of any solutions. I just have not yet seen anything. Support writer here or join Medium here Photo by Breno Machado on Unsplash ## Publication Information - [xuanling11](https://paragraph.com/@xuanling11/): Publication homepage - [All Posts](https://paragraph.com/@xuanling11/): More posts from this publication - [RSS Feed](https://api.paragraph.com/blogs/rss/@xuanling11): Subscribe to updates - [Twitter](https://twitter.com/xuanling11): Follow on Twitter