High inflation driving everybody insane. The guy who is running out of money to keep up with the expenditure are pushing themselve to gambling their cash on everything possible, stock market, crypto, commodity. The cycle can be seen in years of the past. It’s not a untold story.
It is not a big secret that history will repeat itself and economic cycles are a fact and there are many factors that determine how the cycle will be at a given point. Right now we are in a pandemic and we are bound to see inflation in a huge way and it will have an affect globally at some stage in the next few years.
The only difference is that the rate of the cycle between each wave is shorter and so is the reason we are experiencing multiple recessions in our life time.
Food price is surely soaring. Some items in the online store soaring in price too, can’t you ignore it wouldn’t impact your daily routine, the inflation drag everybody down into the rabbit hole, no one can escape this chaos.
Metals and other investments might be a good idea along with cryptocurrency investment if you think the fiat currency is dragging everyone down.