Staff representatives at the European Central Bank are disappointed that a planned pay rise doesnt make up for inflation thats currently five times the official 2% target.
I am tempted to recommend them to dca into
BTC, but I am not sure how well that advice would be received.
The above reference article says: "
With inflation in Germany and the euro area likely around 8.5% this year, it means a substantial loss in purchasing power. " and the pay hike is not enough to tackle this record inflation.
The problem with salary class people is that they only stick with there monthly salary and don't invest or do anyother side business ( or work). I too being a salary class person was living a hand to mouth life when I was relying only on monthly salary. The annual salary rise is proportional to inflation, so basically your living standard remains same or goes down with time. I am comfortable since I started side business of investing in cryptocurrency.
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The three most harmful addictions are heroin, carbohydrates, and a monthly salary."