Inflation is here! What is it exactly and what do we do about it? Do we hide our money under the mattress, buy stocks, crypto? Is it avoidable or just an inevitable outcome of the current boom-and-bust economic cycle? Daniel gives you a crash course on inflation as well as his own take on this special edition episode!
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(05:41) The loss of purchasing power over time. Definition of INFLATION
(12:13) Inflation is the silent killer of your money
(16:05) The poor and them middle class suffer at the hands of inflation, but not the super-rich
(18:53) Beating inflation 101: Invest your money
(20:19) Beating inflation 101: Diversity your assets (which include your own SKILLS!)
LEGAL DISCLAIMER: None of the contents of this show should be taken as financial or legal advice. The New Wave Entrepreneur is educational and entertainment content only. Remember: always DYOR!
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