They basically said saving is dumb because you will lose money doing it, and that you should invest the money (which is not something i am willing to do because of the risks involved, the losses are likely to be even greater than when saving).
My question there wasn't even related to inflation or asking wether I should save or not, I was just asking for the most lucrative risk-free way to save but they had to ruin my day (week? life?) with their doomer inflation perspective.
I have also researched inflation a little since and I don't think it's as black and white as they make it out to be, we seem to live in an era of deflation, with periodic bursts of inflation, technology for example is constantly getting cheaper at ridiculous rates as well as mass produced goods because of automation/robots.
Since this sub is sort of the opposite: spending less as opposed to spending more (those FIRE subs are all about spending), I figured this would be a good place to get a different perspective and get these bad thoughts out of my head.
March 06, 2021 at 05:42AM