Inflation is here - many graphics to prove it... what to do about it, where to invest? (+ bonus update on the ETHBTC trade)
Every other headline I see is about something going up in price. Stories about the housing market are everywhere:
Gas prices are getting crazy high:
In my finance class today we talked about how other commodity prices are also surging (corn, soybeans, chicken, etc...):
But don't just take it from me, none other than the biggest hedge fund manager in the world says so:
Yet if you look at the official numbers, the official inflation rate is still a stubbornly low number, hovering somewhere below 2%.
That very well may the the official numbers the government throws out there, but for anyone living in the real world, we know that this is not the case. Things are more expensive now than they ever have been. Not to mention, with stocks trading near all time highs (ok they have had a little wobble recently), it's not easy investing new money in the equity market right now. With housing prices booming, it's also not easy to find a place to live at a reasonable price. With food and commodity prices surging, the cost of eating has also risen. And so on and so forth...
Bottom line is this. Don't be fooled. We are living in an inflationary environment, even if the government tries to tell you otherwise with their CPI statistics. Check out the manufacturing prices:
What to do?
Well it's simple and it shouldn't be a surprise. Sprinkle in a bit of crypto onto your investment portfolio. Start with BTC which has basically been treading water since March 11. Buy ETH on any dips, especially with that ETHBTC Ratio hovering where it is at the moment, it could be ready for a slight period of underperformance vs BTC although I would expect it to reach the peak of 2017/2018 at some point:
For those with a higher risk tolerance, you can choose some DeFi coins, but many have done very well. Good luck and... Onwards!







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