You are viewing a single comment's thread from:RE: Sunday the homeless meal went very well!View the full contextView the direct parentsmithlabs (70)in #charities ā¢ 3 months ago Money is recent, barter worked before that for many centuries! šššššššš¤š¤
Now everything can be bought with money, will be true.
That will change as inflation takes hold. Money will become worth very little soon. Buy food and supplies now!
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Currency is depreciating Dollar is strengthening One dollar is worth 285 rupees here
Not long term, inflation here is melting the dollar. It has dropped in purchase power by 30% in the last 6 months! Hyperinflation is next....
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Here, things used to be Rs 100 has now become Rs 300
All printed currency is dying from inflation. Hard assets are the only way to preserve wealth! My house has appreciated 90% in the last 2 years, because the dollar's actual value has dropped from high inflation.
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A pack of oil, which used to cost around half a dollar, now costs two dollars