BrikoX@lemmy.zip to United States | News & Politics@midwest.socialEnglish · 2 months agoThe Dollar is Deadmathmeetsmoney.substack.comexternal-linkmessage-square11fedilinkarrow-up144arrow-down11file-text
arrow-up143arrow-down1external-linkThe Dollar is Deadmathmeetsmoney.substack.comBrikoX@lemmy.zip to United States | News & Politics@midwest.socialEnglish · 2 months agomessage-square11fedilinkfile-text
minus-squareRotatingParts@lemmy.mllinkfedilinkEnglisharrow-up12·2 months agoSay the ideas in this article happen, what is the average person to do with their meager savings to avoid them loosing value?
minus-squareSadSadSatellite @lemmy.dbzer0.comlinkfedilinkarrow-up10·2 months agoSpend it. You could buy gold or crypto, but it will always be a gamble. If money has no value, neither does debt, and posessions can be traded.
minus-squareredsand@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up2·2 months agoConsidering a massive loan(student if needed) if JPow gets fire. Inflation should out pace interest if timed right.
minus-squareGrumpyDuckling@sh.itjust.workslinkfedilinkEnglisharrow-up3·2 months agoBuy property if you can. Take out massive loans because inflation will catch up to it anyway.
minus-squarePoayjay@lemmy.worldlinkfedilinkEnglisharrow-up1·2 months agoThis has been on my mind. I’m almost tempted to buy yen.
Say the ideas in this article happen, what is the average person to do with their meager savings to avoid them loosing value?
Spend it. You could buy gold or crypto, but it will always be a gamble. If money has no value, neither does debt, and posessions can be traded.
Considering a massive loan(student if needed) if JPow gets fire. Inflation should out pace interest if timed right.
Buy property if you can. Take out massive loans because inflation will catch up to it anyway.
This has been on my mind. I’m almost tempted to buy yen.