Economically, inflation is the devil to all that strive to be wealthy. ...

in D.Buzz2 months ago

Economically, inflation is the devil to all that strive to be wealthy. Diversifying into cryptocurrency can be protection against this. Especially in developing countries where corruption and inflation go hand in hand.



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One of the big dangers of staying cash heavy. I really fear the US will print us into a global death spiral with all these proposed stimulus plans.

Posted Using LeoFinance Beta

Yeah, as they say putting all your eggs in one basket is not a good thing.
I recently watched a documentary on Venezuela, where they had a 65000% inflation rate in 2018 alone, and a months salary barely buys you a hotdog there.
Really puts into perspective how bad things can really get.

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