Replying to Avatar mrclownworld

Saving in a currency that doesn’t suffer debasement would be simple… work for 40 years and live on 66% of your income, then retire for 20.

Same logic should apply with debased money if you can find an instrument that keeps up with debasement. Unfortunately boomernomics have inflated all hedge assets beyond their actual hedge, complicating this strategy for everyone - young people priced out, old people with an overvaluation on their hands

Gonna be a nasty unwind

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hh 2y ago

Yes, that's the underlying reason, weak fake fiat money that makes it impossible to save and to progress.

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