Sorry, one cannot make statements about crypto "long term" yet.
Nobody should hold large amounts of fiat long term. That's what shares and bonds are for, which incidentally also support productive enterprises (unlike crypto).
Long term, equity, debt, gold have pretty good inflation and risk profiles. Real rates have overwhelmingly been positive, so government bonds are a fairly good store of value.
That is what the government tells you. But I don't see that when I look up my real expenses.
When I look through my old bills, what I paid for apartments, hotels, coffee it seems the real inflation was around 8% over the last 20 years. For hotels for example, it is easy to look up the same hotel today and see how prices changed.
And bonds paid less than 4%.
Can you give an example of something that increased less than 4% in price annually?
Comments
Sorry, one cannot make statements about crypto "long term" yet.
Nobody should hold large amounts of fiat long term. That's what shares and bonds are for, which incidentally also support productive enterprises (unlike crypto).
Long term, equity, debt, gold have pretty good inflation and risk profiles. Real rates have overwhelmingly been positive, so government bonds are a fairly good store of value.
When I look through my old bills, what I paid for apartments, hotels, coffee it seems the real inflation was around 8% over the last 20 years. For hotels for example, it is easy to look up the same hotel today and see how prices changed.
And bonds paid less than 4%.
Can you give an example of something that increased less than 4% in price annually?