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Author Topic: Inflation and Deflation of Price and Money Supply  (Read 1389228 times)
EarnOnVictor
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July 03, 2024, 09:00:49 AM
 #1341

To stay safe from this inflation we need to invest our money in right things like Gold ETF, Share market etc. Investment doesn't only save you from losing the real value of money of its purchasing power, at the same time its's also help economy to grow faster and stronger.

I personally prefer an approach of adjusting my personal financial preferences and needs, for example saving some of our wealth in physical property and this was also done by people before us (our parents before) and this can also be considered as one of the smart steps in mitigating this incident. The bottom line is that properties often increase in value over time.
Investing in the right assets is the best way to go, and if one will not do that, a viable alternative is to invest in the shares or investment packages that will hand you nothing less than 20% p.a. This is now common in my country, so it is doable. Better still, one may vary the investment in the form of diversification, and as a fact, this is the best approach I've known in the investment world.

The purchasing power of the national currency of most countries is always devalued due to many factors, and instead of shifting blame, we should rather plan for our future. If my country is to be used as a case study here, you will cry for the citizens who have been saving their money their entire lives of service (35 years). By now, if I do not exaggerate, the money would have devalued more than 550 times the initial value of when they started the savings.

This is absurd and painful, all your life work will be as if you did nothing, so instead of keeping it in the bank, let it work for you or at least convert it to some properties that will not devalue over time.

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boumalo
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July 20, 2024, 10:53:33 AM
 #1342

Businesses, hard assets, comodities and real estate protect against inflation but have a high risk of regulaltion and low liquidity, you can't move the asset easily from a jurisdiction to an other.


Gold and Bitcoin are good vehicule to keep liquid value if the official currencies become restrict, both the digital and the cash form of it.

Princeeibn
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August 07, 2024, 10:15:17 AM
 #1343

Thanks man, I really enjoyed reading this post.  Smiley
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August 19, 2024, 02:07:28 PM
 #1344

This is absurd and painful, all your life work will be as if you did nothing,  so instead of keeping it in the bank.

That's exactly what it is. It feels the same
Baki202
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August 20, 2024, 10:02:31 PM
 #1345

This is absurd and painful, all your life work will be as if you did nothing,  so instead of keeping it in the bank.

That's exactly what it is. It feels the same

Hyper inflation is everywhere and the people that cause this is the government and it is actually true, and people are getting tired of the whole rubbish, because currently in some Africa countries petrol have become very expensive and it is actually impacting the price of everything.  And money have lost its value and even keeping it inside the bank, because their won't be interest, so it is better to invest the money than keep it, so that when ever  the money is increasing you are already finding a way to beat inflation, having 100k now is as if you don't have money hear because one our currency have lost its value and that situation have gotten everything worst, so think on a better way to use your money to reduce inflation and devaluation of our currency, make use of it wisely, so you don't get affected.

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