How to profit from inflation

[Finger Geek]

The author of the popular book "Rich and Poor dad" Robert Kiyosaki has advised the public on how to make profit from inflation making bitcoin part of his tip. He also liked how Russian president was been stand up to by the government of Ukraine.

The book "Rich and Poor dad" was published in 1997. And it was in new York times best selling for up to six years and has sold more than 32 millions copies of the book in many languages and in many countries.

On one of his tweet which quotes " Bitcoin defies Putin. Let's go bitcoin. Let go crypto. Stand up to tyrants. Stand up to trannys. Fight back". This and many more were tweeted by the author, showing possibilities for bitcoin and other currencies rising in this time of inflation.

During this war currently going on in Ukraine. The Ukraine government and some NGO release bitcoin and etherium address for donations to help them in this current war. And since the start of the attack by Russian. They have gathered almost 60 million dollars worth of bitcoin. This is a plus to bitcoin. And it will not be a surprise if the price of bitcoin rise. This is a better time for individuals to invest in bitcoin as the price might rise up any time from now.

 

[Oluwasegun purpose]

inflation doesn't have mercy on anyone...the product of inflation is recession which has been preceded by eaten up value...

Inflation is generally caused by the chasing of too much money after to few goods...High interest rates are vieweas a cure to inflation...However,they may have a negative effect as well....

In order to save their money,many investors have preferred to invest in real estate or precious metals...

The group of people that is most susceptible to the negative effect of inflation is those people who are on fixed income..To protect against inflation,stocks are recommended as an investment tool...this is so since companies can adjust the prices of stocks to the levels of inflation...

Being careful of what risk you take is reasonable but the lack of whatsoever risk taking may result in miserable profits...Remember that the higher the risk the higher the profile....there is not wrong in being careful in the investment of your money,but a too conservative approach may deprive you of high returns...

Now that you know about the major types of risk it is time to construct strategies for the counteraction of each other them..because no one is insured against them

 

[Suba]

Before I discuss the make profit of inflation, I will explain the meaning of inflation itself, inflation is a general price increase in a certain period in a country or territory. A low inflation rate below 3% shows that a country's economy is growing. But high inflation above 10% often reduces people's purchasing power and the value of local money becomes meaningless. So when inflation will be better we have commodity goods such as cryptocurrencies, stocks, gold etc.

 

[reagangoldgroup]

Investing in gold and silver IRA Approved coins protect your assets from inflation and prepare you for the future. There are number of different metals available with good market value. These metals comes in various forms like valcambi bars, bars and variety of coins.

Because of gold's finite availability and inherent worth in many civilizations, its performance skyrockets during an inflationary scenario.
Furthermore, bonds and other fixed-income schemes do not attract investors during periods of inflation.