If we tagged economy market in the world right now to be in the hyperinflated mood, we haven't made a mistake or gone too far. It's in this period that financial spending and financial capability seem to be complicated. Then it's more complicated when you have bear market and hyperinflation around at the same time. The cryptocurrency rate is in the bearish state and at the same time we have inflation around. Two bad things in good riddance.
According to Charles Ellis, he opined that “There's an old market saying about stocks to the effect that they all go down together.”
What we experiencing right now in the world economy are two bad thing; cryptocurrency dip and inflation on goods and services. It would have been fair if we have cryptocurrency bull market around and hyperinflation around. Bull market would have given us the room balance or tackle hyperinflation market.
How complicated can it be when we have bear market and inflation market around at the same time?
Scarcity of fund to spend: When there is inflation and bear market around at the same time,it's sure there will be scarcity of fund to spend. Because bear market brings two things; people who that want to take the advantage of bear market to invest by buying from people that want to sell and people who can't withstand the bear market that need to sell in other to balance up their financial stability during inflation market. So the little they are selling won't be enough for them spend in the already inflated market.
Money will no longer have value: During bear market and inflation market; yes! Money will no longer have value because the little you sell your asset during bear market can't withstand the inflation market.
Cut down of expenses: People who can really withstand the bear market are doing that because they need to readjust their expenses so that they survive the test of inflation. That is when you see some of them changing their kids from high expensive schools to school that are not expensive.
