how to deal with inflation according to my community:
1. Save money
2. Prepare for an emergency
3. Looking for additional income
4. Consumption of domestic products
5. Start investing and saving
that is the way in my opinion to overcome inflation in society. then what do you think? Is this way possible to overcome inflation?
Your fiat savings are not important for inflation. Since the purchasing power in your region decreases, the value of your money automatically decreases.
Article 3 has no effect on inflation, but when you earn more income, you will be less affected by inflation. Actually, you are indirectly affected, but you don't feel it.
The method you use in point 4 will be very limited and will have no effect.
Your situation may differ in terms of how you invest in item 5.
As a result, it's best to plan ahead and change some of our choices. If we can understand more clearly how the concept of inflation affects us, we will be less affected if we have certain opportunities.