this post was submitted on 27 Jul 2024

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Fiat doesn't work on a finite planet. Crypto has failed on its goals. What is a better way to be economically secure? (infosec.pub)

submitted 4 months ago by aviation_hydrated@infosec.pub to c/asklemmy@lemmy.ml

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Assuming the title to be accurate, what is a good way for the working class (90%+ of all humans) to save and succeed in this current environment?

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[–] Wirlocke@lemmy.blahaj.zone -2 points 4 months ago (2 children)

As an aside, I've often wondered what would happen if everything was automatically adjusted for inflation.

So like cost of living inflates, but then income is adjusted and bank accounts are modified to be their true value before inflation.

Would this patch things up to be effectively 0 inflation? or (more likely) would this cause an absurd runaway effect?

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