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Escape route from inflation - how can we save our prosperity when money is no longer worth anything

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  • Escape route from inflation - how can we save our prosperity when money is no longer worth anything


    First of all a very personal story: as a child I found a cigar box full of money. Not just millions but billions ! With friends we rolled "cigarettes" out of it. That's how I puffed away billions as a child !
    Perhaps this experience led to the fact that I had trouble as an adult to take paper money really seriously. Somehow I kept remembering the billions that went up in smoke.
    The current inflation rate is disturbingly high. Savings, already badly battered by the zero interest policy, are now melting like butter in the sun ! One must convert the values into numbers to understand what is going on. What was 100 000 euros a year ago, is now 90 000 ! 10 000 euros have dissolved into nothing !

    Now the question arises, how can the money, mostly only a number in an electronic memory, be saved.
    There were in addition television broadcasts which reported long and broadly about the inflation in the 20's, how the middle class became impoverished and money like hay was printed and distributed. Then the banal statement that it hits now not only the middle class, but all citizens. Period ! And what can we do to escape inflation ? To this not a word !
    Unfortunately, the fact is that there are few proven options, if only because the citizen is kept in the dark about the duration and severity of inflation. Or, even more popular, because he is completely confused by different, contradictory statements of "experts".

    But, after all, there is the catchphrase of the flight into material assets. Precious metals offer themselves there, after the slogan, rather a gold bar, which is worth only half, than a banknote, which is smoked at best by the grandchild in 60 years.
    Concrete gold is also a possibility, but this requires larger amounts. Some also advise the purchase of forest. For this, one must know that currently about half of the spruces are severely damaged by drought and/or bark beetles.
    But, those who are prudent will find something of stable value. A small vegetable garden can somewhat cushion the inflation in fruits and vegetables. Liquor will last any length of time. In this sense, they come well through the new year and inflation .
    von Natur aus cool
    Cool by nature
    naturellement cool

  • #2
    Very informative my dear friend iceberg

    The whole life is speculative ! Accordingly, it is difficult to guess. A mixture minimizes the risk: so gold, concrete gold and hip gold. There you always have something to draw on !
    Real estate is still a relatively safe bet, even if it can lose 50% if the bubble bursts. With gold it is similar, that we also never fall to "completely worthless". And with obesity, after all, you can get diabetes for free !
    What really worries me at the moment is the war in Ukraine. There a huge amount of money is pumped in ! And in the end tactical nuclear weapons were not developed to lie around in arsenals. I am disappointed by the Greens. They used to be an "anti-war party". Scholz, on the other hand, is tactically smart, but he doesn't look as good as Baerbock.

    Betongold forever !

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