Comment on 'Even the rich are worried': Experts warn of 'scariest' signs amid 'stagflation' fears
NocturnalMorning@lemmy.world 6 days agoNot if everything collapses. Worthless money is still worthless.
Comment on 'Even the rich are worried': Experts warn of 'scariest' signs amid 'stagflation' fears
NocturnalMorning@lemmy.world 6 days agoNot if everything collapses. Worthless money is still worthless.
teft@lemmy.world 6 days ago
The rich won’t be holding the bag in US dollars. They diversify into other currencies and gold and hold real estate and other assets.