I always wondered if inflation, in addition to all the bad things it brings to society, has some benefit that could be useful for each of the people who are harmed by this type of case, and the truth is that it seems incredible to me that It comes only to cause anguish and destabilization. Or do you think it has some benefit? Because it seems to me that there is nothing good about this event attacking countries and the worst thing is that it is inevitable, everyone is or will be going through inflation, The only thing I see as good about it is that it forces people to look, for alternatives that could be useful and more profitable when it comes to future stability.
I can't identify any advantage of inflation because it reduces purchasing power and destroys savings. Seeking alternative sources of income is a burden and has some negative effects. It could lead to overworking, health and family problems. I would prefer to work a few hours and earn enough money to take care of my family and also have enough time to spend with my loved ones and do other activities.
Lately, these second options that I refer to deal with innovation focused on cryptocurrencies. Many businessmen are aware of this and apply it in their respective territories. To give an example, we have Spain, in a news story I read about this country an article written in Spanish, is highlighted the increase in inflation and the interest that many retail investors have shown in focusing on the area of technology and virtual currencies to cope with what is happening. This is what Laidler, a global markets strategist, comments on, providing his opinion on the situation that Spain is experiencing and the measures that retail investors have been taking, according to him:
It is common for people to invest in popular ventures which promise high returns. The most discussed investments currently are cryptocurrencies and artificial intelligence. People who don't know these sectors are even investing heavily so it is not a surprise to know that many people in Spain are investing in these sectors. I don't know much about altcoins or the AI field but I am sure that Bitcoin is a good inflation hedge.