Is it still worth saving up a financial reserve?

financial reserve, auctions

If you’re used to saving money, unfortunately it’s probably no longer the best form of creating a financial reserve. The reason for this is inflation, which is slowly but surely devaluing the purchasing power of assets. If you have saved up a sum of money, it is definitely no longer a good idea keeping it…

Inflation is rising fast, but what causes it and how can we protect ourselves?

inflation

Inflation hits us every day and it makes money disappear from our accounts. Prices keep rising and it has a big impact on everyone, especially individuals and families on lower incomes. This July alone, inflation in the Czech Republic reached 3.4%. Is there any way to fight inflation? Let’s take a look at it Reasons…

The economy needs inflation to grow, but when will it return to normal?

economy, news

You may have heard that the economy needs inflation for healthy growth, which will be our main topic today. Inflation is rising, and the pandemic has shown us that it can rise much faster and higher than expected. Governments have assured that inflation will not rise as much and will remain elevated for a limited…

China controls food prices, but what’s really behind it?

china, DCEP

China, even after high inflation and the collapse of the Lehman Bank, is introducing price controls, approved by the National Development and Reform Commission and 11 ministries, including the Ministry of Finance. China attaches great importance to controlling the price of basic groceries. Let’s take a look at it. Price control, why? Prices are prone…

Fear of inflation is completely rational, but is there a way to alleviate it?

inflation, afraid, fear

We have brought you several articles on inflation and the fear of inflation. The fear of inflation is justified and it seems to be rising faster than expected. Let’s take a look at how inflation grows and what causes it. Earlier and higher inflation Former U.S. Treasury Secretary Lawrence Summers talked about the fact that…

Fed is taking extreme steps, should we be aware?

Fed, economy, US

The Fed is taking extreme steps at the moment and its current strategy is out of anything considered normal in the books. Other central banks follow the lead and thus it may be necessary to prepare for the future. Let’s take a look at what tactics the Federal Reserve is taking and what to prepare…

What can inflation tell us about return to normal after pandemic?

inflation, decentralized

Inflation can tell us many things. On the other hand, it cannot give us the big picture. There are other indicators to look at. One such thing that inflation cannot tell us is, when will the world return to normality or if there is going to be a new normality instead. Let’s look at the…

Prices of food are still rising and it could be a problem soon

food, XRP, SWIPE, update

Prices of food must be within acceptable levels so that everyone can eat healthily, regularly and without fear that they will not be able to afford to buy more food the next day. But inflation also affects food prices. Let’s take a look at why it’s important to pay attention to prices. Why it matters…

What is SDR and should we take a deeper look?

SDR, problems, uniswap

It is quite possible that you have heard about SDR. It is also possible that you have not. If so, you probably know what this article will be about. If not, read on. Let’s take a look at what SDR is and what it means for the global currency. Why it matters The SDR can…

Purchasing power: why you should watch it and what it can tell you

purchasing power, ransomware

Monitoring the purchasing power of money is important. Let’s take a look at what is monitored through the power of money. Why it matters We monitor the value of money by purchasing power over time. As a result, we get inflation or deflation, which we then express as a percentage. Purchasing power therefore needs to…

Inflation could be very intimidating, is there a way to get ready for it?

inflation, trading, RUNE

Investment and inflation, two “popular” words you can hear very often these days. Investing is putting money in something that increases in value over time. Land or houses can be such an investment. You can clearly see what happened to their price due to inflation. The apartment that you could have bought years ago for…

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