Post
Topic
Board Economics
Re: Inflation hitting the world every year
by
Finestream
on 28/04/2022, 21:59:30 UTC
I Have been observing the way price of things are going up right from 2013 up till this time , add to  the pandemic in 2019-2020 that caused high level of inflation to the world. Things are getting more expensive everyday both the rich and the poor are complaining of it and it seems the price of things will keep on getting higher.  I'm thinking how will the world cope with inflation in 50 years coming 🤔,  instead of price of things to come down a bit but it keep on rocking higher. I think the best thing to have in mind is to expect more inflation and to prepare how to tackle it in years coming.
While there is fiat, accept that inflation will be here for good, and will always affect those who have no means preventing it. The world's economy is now getting used to it, that is why we will forever suffer the effects on it. But if we will always start taking investments that will somehow lessen the effects of inflation, then its definitely a good solution so we will never suffer the consequences forever. Crypto is the right investment for now, as it always combat inflation.