Fiat doesn't work on a finite planet. Crypto has failed on its goals. What is a better way to be economically secure? (infosec.pub)

submitted 3 months ago by aviation_hydrated@infosec.pub to c/asklemmy@lemmy.ml

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Assuming the title to be accurate, what is a good way for the working class (90%+ of all humans) to save and succeed in this current environment?

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[-] aviation_hydrated@infosec.pub 3 points 3 months ago

But if their savings is in fiat, and its stated goal is loose value 2-3% annually, then the working class could never retire unless they make every economic investment choice correctly their entire life to have beaten inflation

[-] anindefinitearticle@sh.itjust.works 5 points 3 months ago* (last edited 3 months ago)

Which isn’t always plausible to do in a country lacking social safety net, public healthcare, etc.

[-] aviation_hydrated@infosec.pub 3 points 3 months ago

Yeah, hence why I'm looking for ideas

this post was submitted on 27 Jul 2024

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