Cheyenne KellyDec 16, 2021 · 3 years ago9 answersWhat role do cryptocurrencies play in combating stagflation?
In the context of the economic phenomenon known as stagflation, how can cryptocurrencies contribute to mitigating its effects? What specific features or mechanisms do cryptocurrencies possess that make them potentially effective in combating stagflation? How do cryptocurrencies address the challenges posed by stagflation, such as high inflation, stagnant economic growth, and high unemployment rates?
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