Post
Topic
Board Economics
Re: Stagnant Salaries vs. Inflationary Savings Tax
by
beerlover
on 29/05/2024, 18:45:09 UTC
Which of these economic situations would you prefer to find yourself in?

A- Your salary is stagnant but prices fall. Where this happens, your real purchasing power has increased.  It's called constructive deflation. And even if your salary falls, but prices fall faster, you are still ahead.


B- Having your savings taxed 2%+ a year by inflation.
Option A can't be done, prices don't fall and we just can't keep thinking about some dreamland constantly. Realize that governments are not fit to rule nations, but they are the only ones who have the right to, all those law makers will end up ruining the nations, and I am not talking about just one nation here, in ALL nations around the world, every government keeps making wrong decisions and every nation is getting worse.

I believe that we are not going to end up with anything that will benefit them, we should probably consider the fact that we are going to make a lot more money from just keeping our money in bitcoin because then we do not have to deal with any of this. If there is a problem with fiat, then bitcoin will be safely away from that.