Quote from: shinratensei_ on Today at 01:57:50 AM

Quote from: slashz9 on March 02, 2024, 11:26:00 PM

basically money will continue to lose value because the amount will continue to increase. Anyone who understands economics should already know this.
and then people will think about putting their money somewhere that will make their money stay the same or even increase.
This will always happen all the time, but not everyone really knows about it.

agreed with this some people don't have idea that their saving are decreasing in value as the time goes, they just saving some of the money let it be and find out that the thing they sought after are increasing in price, they think its natural because all the thing is increasing as well but if they have invested at least deposited it to some means that give them at the very least few percent APY then it could spare them from the increasing price since their money gonna grow.

this is honestly an education that should be primarily taught in college or high school for real so many people actually have no idea until they went through some basic knowledge in regard of economy only then they realize.
if anyone want to save money they should save it in form of gold and i don't mean jewelry gold, but literal gold with certificate approved by reputable institution only then it will retain its value.

It is not right to keep a currency that has lost value. It is necessary to invest to regain the lost value or not to lose it at all. There are many ways to invest. In my country, they generally invest in precious metals and try to fight inflation in this way.

I agree with what you said about education because many people don't know that their money loses value. By the time they realize it, it's too late. This education should be given to everyone and these people should be made economically conscious.