> First, to answer your question, the best plan is to stash away tons of liquid capital. In this environment, cash.
USD Inflation has been pretty high recently. Perhaps keep your cash in some other currency?
USD Inflation has been pretty high recently. Perhaps keep your cash in some other currency?
So how does that work in Japan? I'm guessing by necessity imports have inflated. But perhaps domestic stuff has not? IE a loaf of bread is still worth X yen, even though globally X yen has become a lesser amount?
Btw financial asset prices are more about NGDP growth, than about straight up inflation. Of course, NGDP growth has been too high, too.
Living in EU I was thinking to diversify cash to USD.
Do you recommend any other currency?