Jeremy Chiang on Nostr: When money fails to act as a reliable store of value, people seek alternative assets ...
When money fails to act as a reliable store of value, people seek alternative assets like real estate and equities. This is because they are searching for options that can better preserve their wealth compared to traditional currencies. As a result, we witnessed a significant increase in equity markets and a remarkable surge in global real estate prices. Unlike fiat currencies, which gradually lose purchasing power over time due to inflation, these assets are perceived as more likely to maintain or even increase their value.
Published at
2024-05-15 01:12:56Event JSON
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