NFLATION is not a new problem. It is a problem that’s “always there” – sometimes just worse (higher) and therefore more visible. It’s also a form of hidden tax. To make matters worse, it’s part of false promises made by banks and economies built mostly upon debt, not wealth. There’s no “quick fix”; the best solution is to avoid debt altogether.

But there are still some people out there who are debt-free and actually save money.

People of that latter group like to talk about securing assets or “diversifying investments” etc. People with a ‘survivalist’ mindset or survival instincts do not look ahead or foresee danger; instead they wait for something to happen and then respond to that, putting out fires instead of preventing fires (to use a metaphor if not a real scenario).

Some people like to believe that hoarding money will make them very safe, even if the process of making that money harms their physical and mental health, not only shortening the life but also lessening its quality. Some processes of hoarding money increase the risk of getting arrested. How’s that for safety?

Some people make bunkers because of an assumption of looming war/s; some lose money to classic scammers, including the fear-mongering “bunker industry”. Some become drug addicts. Some try to “spread” the assets/money, but that often focuses on: 1) multiple bank accounts. 2) multiple banks. 3) like (2) in several countries. 4) gold/silver 5) fakecoins (‘crypto’). 6) a safe at home. 7) car (loses value fast). 8) home (endless maintenance). 9) jewellery (value lost immediately once purchased).

Yes, a car is a liability and constant cause of unforeseen expenses, including several annual bills, never mind the wear and tear. It is a truly terrible form of investment. There is no “magic” or “perfect” option.

Here’s another: purchasing future supplies – inevitable or unavoidable commodities – years in advance (some not perishable), especially when inflation rates are high and financial rewards for savers are low. This option relies on ample storage space. Does that pay off? Maybe.

Inflation is still high; governments changed what they measure.

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This entry was posted on Sunday, March 9th, 2025 at 11:44 am and is filed under General, Opinion, Politics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.