Post
Topic
Board Economics
Merits 1 from 1 user
Re: Inflation and protecting you wealth
by
leea-1334
on 23/09/2021, 10:07:33 UTC
⭐ Merited by paxmao (1)
Something I know a lot of crypto people are against but I would still say is a legit way to defend against inflation is to take advantage of government bonds (or mutual funds in Asia).
I agreed with what you said if we are talking about a centralized investment option but still, the best decision about the government bonds investment is to take advantage of it because the government can not be totally trusted.

Yes but almost all the options provided as alternatives were centralized actually, except for bitcoin itself.

I do agree you cannot fully trust centralized options but the idea is to diversify risk and protect against inflation,,, and let us face it, you would be very very unlucky if your government in Asia today collapsed and lost all of your money. Again, my suggestion was not to put all eggs in a basket but add another extra basket to keep eggs in  Smiley