Quote from: pawel7777 on October 25, 2023, 10:18:16 PM

Quote from: boyptc on October 24, 2023, 06:24:09 PM

It is happening in every country but for a very few, they're able to slow it down but they can't escape inflation.
(...)

Actually, most of the countries (at least the Western ones) have been able to reduce the rate of inflation with increased interest rates. The problem is that increasing interest rates have a negative effect on the economy and can lead to many undesirable things like e.g high unemployment. So if not done carefully, it's just like replacing one problem with another.
That's why, in the past, we'd often see that recessions actually came in pair with deflation.

Every possible solution that a country will do, there's always an opposite reaction. It may not be entirely to the economy but to the people. So whatever a government does to slow down or contain the inflation, they'll still have hard time in removing it all along but reducing it is like the goal of most of them.

It's a very crucial thing to be done by most of them and I agree to you, they need to do it carefully.

Quote from: shinratensei_ on October 25, 2023, 11:53:37 PM

overall whatever investment there is so long its return rate more than the inflation incurred, its fine, but with bitcoin, we get additional benefit of growing our capital into another level.
I would say that, cryptocurrencies so far is best investment for fighting against inflation, even some random alts could gain 30% increase within short amount of time.
but requires adequate skill and sufficient knowledge to do the investment.
from my observation, not everyone cut it to become investor in cryptocurrency, even more so those that don't really have the patience, therefore its best to test the water first.
seeing if its truly effective way fighting inflation.

Yeah, it shouldn't just be an investment that will gain them profits but they need to consider that it should be way above the inflation rate.

Your money is still not going to be valuable if it's on an investment and the increase is way below the inflation rate.