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RE: The Government’s Inflation Policy Is Killing The Poor And Middle Classes

in #money8 years ago

While everything you write here makes sense, what can one do to protect themselves from this obvious evil inflation? The answer seems to be gold and silver and maybe crytpo currencies like Bitcoin and Steemit but Gold is just not going up like expected over the last 20+ years. The more I think about it the more it seems like the stock market is the answer. As crazy as it sounds, stock prices factor in Inflation. For example if the dollar was to suddenly lose 50% of its value tomorrow did Amazon or Apple or Google as companies suddenly also lose 50%? It feels like the answer would be no and the stocks of those companies would double over night to remain unchanged. what do you think?

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Yeah Im a fan of diversification, I think precious metals bit and especially stocks help fight against inflation if you have the money to invest. Look at how well VDC has done in the past 10 years. VDC is a consumer staples fund that takes account of companies that sell things people will aways buy no matter how bad the economy is.