Max Headroom wrote:Meanwhile, a disclaimer applies to this entire thread, given the upcoming Great Reset.
Curious, what kind of reset are you expecting. I am assuming you mean sky rocketing inflation. But what kind of inflation is it going to be. A supply side or a demand side. So far we have had only asset inflation but no cpi inflation or wage growth.
If wages shoot up and prices of daily essentials also shoot up, then the value of money goes down. This is bad for people like us who have accumulated money and kept it in safe fixed income. basically devaluation of existing stock of money. So people who are earning new money get paid way higher as cost of goods are also way higher.
So other than the scenario above, I think we are safe. Even in the above scenario, if you invest in assets you can mitigate a lot of the inflation effects.
Sent from my Redmi 10X using Tapatalk