Post
Topic
Board Economics
Re: What is The Negative Effect of Inflation on Household Savings?
by
Abu-Naim
on 08/03/2024, 19:13:27 UTC

If you want an advice you can just think to invest your money in bond because Central Banks will decrease interest rates in the long run because inflation is falling sharply.
I don’t think any profit that will come from bond investment or any type of investment that involves third parties is not advisable because there is no financial freedom.
Bitcoin and crypto investment will give you more profit and financial freedom than any offer from government.
Our money in our bank accounts are constantly loosing their values de to inflation, and some taxes and charges from commercial banks, therefore, let’s leave banks and focus on either real estate investments or Bitcoin investments to save the value of our wealths.