With cryptocurrencies experiencing worth rises in periods of worldwide uncertainty equivalent to Brexit, the election of President Trump, and North Korea's missile checks, Pouncey says that this present detrimental digital
foreign money cycle will finally come to an finish.
During the second stage of the
cycle the bad effects of creating a flood of new
money to purchase
foreign currency reserves and manipulate the exchange rate become apparent.
RE # 37, GW actions have many many other immediate & future benefits: they prevent / reduce many other environmental harms (local air pollution, acid rain, ground & water pollution, etc.), they are good for the health (e.g.,
cycling & walking), they reduce crime (
cycling, walking), they reduce our implication in
foreign conflicts & tax
money to protect oil supplies, they save
money without lowering productivity (even increasing it), they save businesses from folding & households from going into hock.