Yesterday's data confirmed that inflation in the US continues to run and has hit 7%, an index seen only in the 1980s while such a rapid progression in a year (at first it was around 1%) has occurred. only in the mid 70's! The reasons for such a high level of inflation can be attributed to the trade war, the disintegration of global supply chains, investments in traditional, economical and efficient energy sources squeezed to the minimum to the delight of environmentalists and oil and gas companies.
The price of gasoline rose by 60%, that of meat by an average of 20% to name just a few data, while wages fell. All this means that the average salary will no longer be sufficient to maintain the standard of past years. Furthermore, the subsidy policy has incentivized many dissatisfied workers to quit and this is causing a severe shortage of staff. Without workers and with skyrocketing energy, large companies find it difficult to be active and their products must necessarily cost more to avoid losing money.
Until a few years ago, investing in the real estate sector was considered a safe choice but here too the market is experiencing enormous difficulties, as demonstrated by the ongoing crisis of the Chinese giant Evergrande. Gold has now reached its highest values ever and experts predict a long period of lateralization and a possible fall in prices in the coming months, rather than new ATHs. Therefore investing in gold today would not guarantee any possibility of capital growth. Even investments in banks, with the increase in inflation, do not at all guarantee the safety of our capital. Then the mere fact of keeping the money in the bank means that we do not have it directly available and we are subject to the timing and actions of the same. Are you sure you really trust?
Cryptocurrencies today offer many products as alternatives to the standard products of the world financial market: DeFi, Staking, Stablecoin are incredible financial instruments that not only help users keep their capital stable but can be increased by choosing the appropriate solutions. Today, keeping $ 10h in your bank account means constantly losing its value as inflation increases. Instruments such as Savings Wallet and the HBD stablecoin guarantee an annual interest rate of 10%, a rate impossible to find at any financial institution, and above all the guarantee of being the only account holder, manageable at any time without costs.
One thing is certain: keeping money in the bank is like keeping it under the mattress knowing that little by little it will be eroded by inflation that has started to gallop again. The problem is widespread and ignoring it is a fault: there is no escape from inflation if you do not have solid references to cling to.
