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Alchemy Pay Crypto Rallies on a String of Good News

August 6, 2021 admin Comments Off on Alchemy Pay Crypto Rallies on a String of Good News

The Alchemy Pay crypto token (ACH) started the year trading at a fraction of a cent. Despite an interesting whitepaper, the ACH token didn’t have much momentum on its side. And the scope of the Alchemy GPS Singapore Pte. Ltd. (the issuer of ACH) project looked more promising than possible. That is until the outfit started landing a large array of strategic partners.
Most notably though were three major breakthroughs for the payment consensus protocol that led to a massive surge in value. Let’s start with what we thought was going to be the biggest news.

At the beginning of August, Coinbase …read more […]

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What is Deflation?

August 6, 2021 admin Comments Off on What is Deflation?

Most people are familiar with the word inflation, which typically has a negative connotation. However, in economic terms, deflation is actually a worse prospect. In monetary policy, it can refer to the overall shrinkage of the money supply or the decrease in the cost of consumer goods and services. Where inflation means a rise in prices and a drop in purchasing power, deflation indicates a lack of purchasing ability altogether.
In fact, it’s a form of economic contraction. It signals a depressionary period that can perpetuate even more economic downturn by its very nature. Thankfully, the Federal Reserve can use …read more […]