Post
Topic
Board Economics
Re: Global debt soars to 356% of GDP
by
Hippocrypto
on 21/02/2021, 21:11:54 UTC
I don't have any debt right now. I feel I'm missing out, if there is some inflation in the end, it's better to have some debt at a low fixed rate, then inflation will basically pay back your debt. If you're fiat rich on the other hand, inflation will eat your savings.

So sad on that matter, maybe I shouldn't save fiat if that's the case that I'll be storing money at the bank due inflation. This is the real thing about having savings, much better having our own vault security in order to secure our funds rather than entrusting that money on some banks. But if you're with crypto investment like bitcoin, huge profit awaits but in long term basis.