Post
Topic
Board Economics
Re: Savings during inflation
by
xSkylarx
on 29/09/2022, 12:47:00 UTC
Lastly, investing is highly preferable to savings.

Investing is not the answer to fight against the inflation. Not all are capable of doing it especially if you're just an average earner. People like them prefer to have savings because investing on an asset such as gold, real estate, etc. requires a quite some amount of money which they can't afford easily and it also present some risks that would cause them to lose money.