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Author Topic: Salary is not making people poor.... Inflation is  (Read 2998 times)
RockBell
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September 21, 2026, 05:22:14 PM
 #321

Yes good investment is all needed to outsmart inflation and its accomplished. Many with good paying jobs that depends only on their salaries ends up in tears at there retirement because the little they claimed to have saved can never be enough to pay bills for then.
Most people finds favour in sight of god and are blessed with good jobs with a welcoming salary while many do not have the opportunity but the truth is, with or without a good paying job, proper or good investment is the only answer to it all because if properly managed,  at the time of retirement that business will be there to help solve once financial problems.

You will be able to beat inflation when you have multiple sources of income. This is one of the ways that you can easily beat inflation because that is one of the mistakes that have been made. We need to increase our income so that we won't have a problem with inflation. The only way to defeat inflation is to increase your income as commodity prices rise. The issue is how many jobs pay well, so even if you have a job, I think it will be better if there is something attached to it.

Inflation will also continue to rise because it is already out of control and the government, which is supposed to help, is not really helping. If the government can also produce goods that are much more affordable, it will actually help because people will prefer to buy from the government and the private sector will have no choice but to lower their own prices. However, the government benefits from the private sector, which is why they are doing exactly what they are doing now, so we need to realize that the government is also our problem.

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September 22, 2026, 03:06:47 AM
 #322

Adopting Bitcoin as the main currency for goods and/or services makes sense. Colombia would win if it decides to do this. Or it can adopt both the USD and BTC for peace of mind. Either way, inflation is inevitable. Wages take some time to keep up with the rising pace of inflation. It's best to minimize spending and improve saving/investing habits to fight inflation as much as possible. You'll thank me later.
There's no doubt, the most sensible strategy is to accumulate BTC and hold USDT for peace of mind and daily expenses, just as you mentioned. El Salvador is the best example of a country following this path, and it's a role model not only for Latin America but also for developed countries.

We are seeing much greater adoption of BTC in the United States, which is a very positive sign. The USA could be one of the main drivers of the crypto economy through BTC, thanks to Trump's acceptance of it.

Currently, it's not a good idea to keep money in fiat currency in a bank because that money is just sitting idle. Furthermore, with current market volatility, long-term investment is much better in this case with BTC, since it's the best strategy. For me, traditional saving no longer works; what works is investing. Little by little, I'm sure that BTC payments will be implemented in more countries.

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September 22, 2026, 07:36:19 PM
 #323

Just because you make more money doesn't mean that you have a better financial standing. It is not the actual amount that matters but where you invest your extra cash and how long you keep it invested.
In essence, I’ll use financial management to categorize what you’re trying to explain. Someone can have a lot of money but lacks financial management which will help plan his money very well and invest it into the right places to avoid wastage of money into unnecessary things. Someone that’s makes less money or low income can even have a better financial standing than someone that earns high with no investment, savings and good financial management because he manages his money properly and also wisely, and invests wisely also for a better future, so he always have what to fall back to.
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Today at 02:42:46 AM
 #324

There's no doubt, the most sensible strategy is to accumulate BTC and hold USDT for peace of mind and daily expenses, just as you mentioned. El Salvador is the best example of a country following this path, and it's a role model not only for Latin America but also for developed countries.

We are seeing much greater adoption of BTC in the United States, which is a very positive sign. The USA could be one of the main drivers of the crypto economy through BTC, thanks to Trump's acceptance of it.

Currently, it's not a good idea to keep money in fiat currency in a bank because that money is just sitting idle. Furthermore, with current market volatility, long-term investment is much better in this case with BTC, since it's the best strategy. For me, traditional saving no longer works; what works is investing. Little by little, I'm sure that BTC payments will be implemented in more countries.

Saving money in a bank really sucks. They're too greedy to give us higher rates (APY). That's why investing always wins. It's a must if you really want to beat inflation. Otherwise, have fun staying poor. The key is to spend less than what you earn and use whatever spare money you have left to invest into safe-haven assets or profitable business ventures (real estate, mining companies, etc.).

People are either poor by choice (bad financial management) or by mistake/accident. As it's said in the real world, "where there's a will, there's a way". You can escape from poverty if you play by the rules. Wishing all the best of luck.

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