Post
Topic
Board Economics
Re: CONSUMPTION SMOOTHING AND INFLATION
by
kenpachiofficial
on 21/02/2024, 10:22:42 UTC
The good and best thing is not saving but using it for investment. because if you only save it, the purchasing power or value of your money will be greatly reduced in the future because its value will certainly be eroded by inflation which is greater than bank interest.

Exactly my opinion on it, instead focusing on savings that momentum and money should be cornered into investments because with only savings, the purchasing power of your money will eventually be devalued by inflation but with investment you stand a good chance at gaining.