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[-] god@sh.itjust.works 2 points 1 year ago

Which are these far better things not tied to the value of a dollar?

[-] n0m4n@lemmy.ml 2 points 1 year ago

Investing in a company puts your money in a non-inflationary asset. If inflation goes up, your land, machinery, buildings, raw materials as well as finished product just jumped in numbers of dollars of value, thus holding its real value. The same can be said of any hard asset, and dollars could also be switched with any country's currency.

this post was submitted on 22 Jul 2023
468 points (100.0% liked)

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