One big interesting thing is going to be what holding money actually looks like in the future.
Nobody with money holds money of any kind. You put your money in financial instruments because they might actually grow whereas money is constantly shrinking (and cryptos are a bit too far out on the other side of the risk curve). In a world where money has a relatively stable value, what then? Maybe definancialization since once you have enough money you have enough money?
Nobody with money holds money of any kind. You put your money in financial instruments because they might actually grow whereas money is constantly shrinking (and cryptos are a bit too far out on the other side of the risk curve). In a world where money has a relatively stable value, what then? Maybe definancialization since once you have enough money you have enough money?
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I agree with you, but I also realize that there isn't much of an option. By the time you retire, a dollar just saved in year 1 is maybe 30 cents. To keep your dollar, you need to put it at risk.
It's really shocking seeing inflation calculations for things within just my lifetime so far, and inflation calculations are bullshit designed to understate the increased cost of living over decades.
It's really shocking seeing inflation calculations for things within just my lifetime so far, and inflation calculations are bullshit designed to understate the increased cost of living over decades.