Assuming that you buy the same things a week like many others in the United States, you most likely took into account the rise in commodity prices and food prices. This is called inflationary inflation, and while most of us know little about inflation, it can be a disturbing topic, and sometimes the things we think we know are partly or completely inaccurate. Let's take a closer look at how inflation affects our daily lives.
In fact, there are different types of inflation. The type found in the store is called inflation, but inflation is the basis of inflation, inflation or monetary inflation. The money-making inflation organization in the United States is the Federal Reserve.
In the past, various banks in the country control their own money supply, but the system was unified in 1913 with the creation of the Federal Reserve. The trouble is that the money-making machine was centralized, it was more difficult to escape monetary inflation and the resulting inflation. Since the Fed's knowledge, the fall in the dollar has been almost 100%.
This means that one dollar today does not buy what one dollar a hundred years ago would buy. This is extremely unfair, and as inflation continues, we can be sure that our money has been saved and the bank has been less valuable on the road than it is today. Because inflation in the money supply will entail the printing of a new currency or the creation of new digital money, each new entity will be created.
This results in higher prices for those who buy everyday goods and services like gas, apples, bananas, and laptops. Sometimes the level of productivity and innovation of the economy exceeds the level of inflation and we are experiencing price depression in some sectors. This is a wonderful thing, and it happened for many years in the computer sector. We can now buy extremely powerful computers that fit not only our desks, but in our hands and at a price that is still in many cases decreasing.
However, commodities, such as fuel and metals, tend to hold on to rising prices. This means you always have to spend more money to get the same amount of gas or the same amount of copper wire. In some cases, it may be advantageous to purchase gold and silver in the form of savings. If you started doing this in 2001, you would see that silver is $ 4.25 per ounce for more than $ 30 and your gold goes from $ 235 to ounce to $ 1,700.
Sometimes experienced individuals go even further than just buying silver coins like inflation protection. If you are experiencing paintings or collectors, you may have these interests and hobbies as a way to protect your savings as well. Rare objects such as paintings, old coins, and limited silver certificates can look for valuable things when you know about the arena.
If not a good starting point, common but not manufactured silver chambers are used in the United States until the mid-1960s. You can also look at other options, such as moving your savings to another currency, better than the US dollar. Let's not forget that if inflation is slow and stable, it may accelerate, so if you want to plan to save savings, it's time!