One of the most hotly debated topics in the world of blockchain and economics today centers on inflation and interest rates, and the future of the economy. Quite a few people believe the case for investing in some cryptocurrencies is built on the likelihood of future inflation, something they see as a near certainty given the combination of low interest rates and quantitative easing. Given that interest rates represent the “cost” of money, interest rates that are near zero imply that money is, in a sense, free or very nearly free. Consequently, there’s a risk that people will use too much of it, leading to inflation ... (full story)