3 key changes that are happening in the economy and how it impacts you:
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1/Inflation is going up:
- Your FD rates will be eroded
- Money becomes cheap to borrow
- Your FD rates will be eroded
- Money becomes cheap to borrow
2/Interest rates are being kept artificially low:
- A close to 0% interest rate means: that government can print infinite amount without paying any real rate of interest on it.
- Such prolonged periods can mess up the monetary systems in a big way.
- A close to 0% interest rate means: that government can print infinite amount without paying any real rate of interest on it.
- Such prolonged periods can mess up the monetary systems in a big way.
3/ Asset price inflation:
- With cash becoming trash
- People with money, invest it into assets: gold, cryptos, stocks
- Rich get richer
Post 2020, the income inequality has only risen.
What should you do? Invest as much as possible.
- With cash becoming trash
- People with money, invest it into assets: gold, cryptos, stocks
- Rich get richer
Post 2020, the income inequality has only risen.
What should you do? Invest as much as possible.
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