“In the event of a widespread banking panic, which seems unlikely at this time, there will probably be the typical rush by investors into safe assets such as the U.S. Treasury securities. That is likely to help than hurt the dollar in the short term,” Eswar Prasad, professor at Cornell University, told CryptoX, calling the hyperinflation forecasts “unduly hyperbolic.”
Crypto Pundits Romance the Hyperinflation and Dollar Death Narrative. Is It a Real Scare?
