this post was submitted on 27 Dec 2025
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Very modest amount of savings, from the third world. Everything seems from fucked to very fucked and just seems like you would tie your interests with that of Capital like private pensions do

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[–] 0__0@hexbear.net 3 points 1 day ago (1 children)

Yeah, I mean bonds are always a secure investment. Not to sound like a gold bug, but gold isn't bad either, especially during a crisis when faith is lost in fiat currency.

[–] FuckyWucky@hexbear.net 3 points 1 day ago* (last edited 1 day ago) (1 children)

Thing about gold is it's not that far off from stuff like Bitcoin except for the floor value it has, not many gold for gold sake, they buy it to turn money into more money, including central banks (though some also care about sanctions risk but underlying reasoning is the same).

[–] 0__0@hexbear.net 3 points 17 hours ago

I wouldn't really compare gold to bitcoin, since bitcoin is extremely volatile when compared to it. Obviously the neoclassicals love it and want to bring back the standard since it decentralizes money creation, but it is a good investment when it looks like the central authority is not handling the crisis well.