أثر العرض النقدي من العملات الافتراضية على مؤشر التضخم في دولة ألمانيا خلال الفترة 2014-2019

Abstract EN

This study aims to show the effect of the money supply from virtual currencies on the inflation index in the country of Germany, and for this reason the analytical descriptive approach has been relied on to study the relationship between the inflation index, bitcoin money supply, bitcoin price, the dollar exchange rate against the euro during the period 2014 2019 The research found that there is a long-term relationship between the various variables under study, as an increase in the money supply of bitcoin versus a rise in its prices, which led to a decrease in the euro against the dollar, due to the increase in demand for it as well as an increase in the inflation index due to the fluctuating price of the euro in the global markets.