Post
Topic
Board Economics
Re: The world's logic favours income makers, not the savers
by
CryptopreneurBrainboss
on 25/01/2024, 22:07:45 UTC
Moral of the story: don't save money for more than one month. As soon as you accumulated some amount of fiat, put it into an investment and make it generate passive income for you, although you should avoid banking investments, since they usually pay below the inflation. Go for Bitcoin and assets when there isn't enough money to invest in something bigger. There is no assurance you will defeat the evil rigged system which smash common citizens, but at least you will be trying to overcome it...

Fiats savers are losers, saving was ideal in the ancient days when their currency was backed by gold but after the introduction of the fiats system that money can be printed without it being backed by anything, saving became worthless because while you're saving, inflation is making all your efforts become a waste. If you want to save, save in an assets. Assets are anything that brings money so anything that can bring money to you can be used as a saving ground. Save in Bitcoin and not fiats.

When you're saving in an assets, you're also investing and the worth of your money gets retained through appreciation in that asstes that you're saving in. Instead of saving fiats, save that money in landed properties that can generate cashflow or capital gains. Get yourself financially educated and you'll know the importance of investing instead of saving. The dollars will keep losing its value provided the government keeps printing more into circulation and you best believe, they won't stop.

You should also realise that saving doesn't increase your wealth but investing does. When saving you're putting your money to rest but when investing you're making your money active to make more money for you.