Post
Topic
Board Economics
Merits 1 from 1 user
Re: Inflation and protecting you wealth
by
cabron
on 24/09/2021, 01:38:11 UTC
⭐ Merited by paxmao (1)
That's right but actually people who suffering because of inflation are only those who only have fixed income. For example, let's say I am a business man, when I use my money to create product and keep the money in good velocity then inflation will not cause bad effect on me even when inflation happen I can rise the price of my product so I can get higher profit. But this only happen to a small percentage of people around the world. Most of us are suffering because of inflation.

If you have a very high-demand product you can also try the package downsizing to make more profit, shady things that businesses do to make money.
The suggestions I find to make more sense is the real estate like a strategic lot area where a store will likely profit is installed. Such location will be of high value after this pandemic.

But I wouldn't really be putting it all there but Bitcoin is where it's good because I'm afraid war is brewing.