How to save savings in inflation, there are many deposits provided by the bank, but banks often go bankrupt, does it make sense to buy gold? How is gold bought in a bank and interest is issued on it?
How to save savings in inflation, there are many deposits provided by the bank, but banks often go bankrupt, does it make sense to buy gold? How is gold bought in a bank and interest is issued on it?
For safe-keeping, Banks are still the safest and the easiest method to store your money, and there are a lot of benefits to them besides security. Of course, there's inflation so it wouldn't make sense to deposit in the bank if you want to grow your money. For gold though, I don't think gold provides interest, however, gold prices steadily increase in price but it's super slow, especially if you factor inflation.