Post
Topic
Board Economics
Re: How to survive hyperinflation?
by
tottong
on 01/01/2024, 17:35:55 UTC
How do you strategically navigate hyperinflation to safeguard your financial well-being?

By living more frugally and not spending money on things that are not so important, this is the best way to deal with hyperinflation.
But actually living in these two ways should be done at all times not just during times of hyperinflation because the more we spend, the more unstable our finances will be, especially if there are not enough jobs to earn money.

Quote
Would you invest on crypto, stocks or household when the cash is not the king?
Depends on what kind of crypto you mean but if the relationship is about bitcoin then I quite recommend it. However, if it is related to hyperinflation then it is best to control the problem first and when it is stable then think about investing wherever we want.