Personal Finance

4329 readers

2 users here now

Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!

Note: This community is not region centric, so if you are posting anything specific to a certain region, kindly specify that in the title (something like [USA], [EU], [AUS] etc.)

founded 2 years ago

MODERATORS

[email protected]

nieceandtows

[email protected]

Dedollarization (lemmy.world)

submitted 1 week ago by [email protected] to c/[email protected]

7 comments fedilink hide all child comments

It seems as though the endgame to all of the political chaos we are experiencing in the US is the dethroning of the dollar as the world’s reserve currency. Putting aside for the moment the question of why or whom might benefit from such an outcome, what is the best way to play defense if your wealth is dollar-denominated?

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 2 points 1 week ago

Youre pretty much asking for cryptobros to push you their cryptocurriencies lol.

IMO, the safest way is investing it on material improvements, if you own a house invest on a water capture and filtration system, better ventilation, solar panels, etc... Invest in tools, a 3D printer, mechanical tools, etc..