Crypto Becomes Escape Amidst Rapidly Rising Global Inflation Rates
- Inflation rates rise rapidly around the world, shares crypto user on Twitter.
- Zimbabwe recorded a 255% inflation rate in November 2022.
- Federal Reserve to continue rising interest rates in America.
Crypto yield farmer and YouTuber Patrick, also known as @Dynamo_Patrick, posted on his official Twitter account with over 25k followers, the list of countries where inflation is off the roof. In a screenshot he lists the top ten highest inflation rates across the world.
The 10 highest inflation rates around the world.Crypto might seem like a fun novelty to many, but to millions of people it is the only escape from a rapidly inflating local currency. pic.twitter.com/0zFpYQ6Ixg
— Patrick | Dynamo DeFi (@Dynamo_Patrick) December 20, 2022
The tweet features countries such as Zimbabwe with a whopping 255% inflation rate for November 2022, against a previous rate of 269%. Other countries on the list include Lebanon at 155 …
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