Upvote this for me please? https://steemit.com/christianity/@bible.com/verse-of-the-day-hebrews-4-16-nlt

@chbartist  i am confuse because i invested 200k usd way back in January and now my whole money is worth approx 50k. should i still wait or buck up?

> Banks acting as governments get to do as they please, making up for their mistakes by simply printing more money. How do get away with it? Where does the "money" come from, the overprinting that is? From the people, from their purchasing power.

Once dollars were backed by gold. Now, this practice has been abandoned. Now everything runs on the governments goodwill. This is illusion. There is no control on printing money. It instigates inflation and inflation reduces the real value of hard earned money of common people. 
Inflation is not bad if it remains within a limit because it is the sign of demand that results in expansion of businesses but when it crosses limits, it becomes a menace. Example of Zimbabwe, Venezuela etc are not far away. 
Cryptocurrencies definitely can change this scenario. They have potential but a lot of efforts needed to make them replace fiats.

Extraordinary post, @Chambertist, it is a spiritual-friendly home for the in-house, high-rated economy for her. ☺

@chbartist

please have a look and support thank you.

https://steemit.com/mgsc/@amang9578/tokenizer-a-good-crypto-investment-platform

Ya sometimes knowledge is important to take appropriate steps at such times

Congratulations @chbartist!
Your post was mentioned in the [Steemit Hit Parade](https://steemit.com/hit-parade/@arcange/daily-hit-parade-20180621) in the following category:

* Pending payout - Ranked 5 with $ 528,73

Enflasyon oranı ülkede yapılan yolsuzluklarin oranına eşittir enflasyon oranı ne kadar yüksek olursa yapılan hırsızlığın o kadar yüksek olduğunu gosterir

Wow cool,Grate and Amazing choice this

![giphy.gif](https://cdn.steemitimages.com/DQmbREnFJoLm668nD2KpadX2CB5UaqwDCK87iAbXWo8eSJP/giphy.gif)

Why do we believe our governments? Why do we are bound to use existing banking systems? Why we always go for traditional investments and following existing educational systems? 

Do you know why?

Because we are brain washed... We here in this world always follow what our ancestors told us to do.. I am not telling that they were wrong.. I respect them very much and also follow them.. But during those days people were unaware of corruption because of less transparency in the system. 
With new innovations and technology we are now able to understand and have a better picture of what is happening around us. 
Blockchain is the next big revolutionary tech that enables people to bring transparency into the system. One day it will definitely replace the existing banking and governing system.... 

No matter what happens in the crypto market if you believe in its future  then you will definitely want to be a part of it....

Thank you guys ... Keep posting...

I totally agree I believe far too many people go through life with blinders on. They never look at the big picture because they are so distracted by their everyday routine. I think most people when they observe rising prices over the years just blame it on corporate greed (which does occur at times), but for the most part, it is inflation eroding the buying power of each dollar. The only viable alternative, in my opinion, is to use a currency that is not manipulated by the government, who can print dollars at will whenever necessary.

You can thank the brilliant government clowns, and the Quantitative Easing Programs (1, 2, and 3)  that they insured us was not going to cause inflation.  I feel like everything has become sooo expensive and people just act like it is normal.  

Thanks for bringing this up!

If you have small scale industries, do you think inflation will effect the economy of a country??

Greetings brother @chbartist, you are very right, we must support the cryptocurrency, tell me that I live in Venezuela, inflation is ending with all of us, we no longer find what to do to get out of this crisis, apart from praying to God ...

Today in my country the salary has increased again, and that is tragic for us, a coffee, in a bakery it costs twice as much as the daily salary. Here we are. If it were not for this world of cryptocurrency and Steemit, I do not know what would have become of us.

another great post @chbartist

I noticed that you're active also on Ezira. would you also mind sharing your view on Ezira in comparison to Steemit?

cheers
Piotr

Really this is very difficult for a common people to understand the economy! Therefore banks are taking full advantage if it.

This delicate system is constantly being corrupted. Banks acting as governments get to do as they please, making up for their mistakes by simply printing more money. How do get away with it? Where does the "money" come from, the overprinting that is? From the people, from their purchasing power.
.....very truly said @chbartist.....you have written the script very nicely..
Bank them selves have full control over your money, without their authorization you can not take a decision of investment of your hard earned money. What is this happening!! 
In India also we, "crypto lovers" are very much disappointed.. the Central Bank of India has instructed banks not to do any kind of transaction from crypto to Fiat and vice-versa with citizens as well as crypto exchanges from 5th of July 2018.

This is not like fiat that you can print infinite number of fiat currency...here it is very difficult almost impossible to duplicate the crypto currency/bitcoin .

Hence I feel this technology  will help to establish the economies in a fare manner. Govts. Will also think in a positive way to support this outstanding technology. We Indians also optimistically hoping a crypto rally again...