How to dedollarize your finances? (lemmygrad.ml)

submitted 6 months ago by azanra4@lemmygrad.ml to c/comradeship@lemmygrad.ml

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I have some extra money lying around in USD being slowly devoured by inflation. The conventional wisdom is to invest in stocks or bonds in the US. Fundamentally, that’s just gambling on the continued success of empire. Should I buy gold or other metals instead? Are there non-dollar-denominated ways to invest in economic development of the global south instead? I don’t care about returns I just want long-term stability of value

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[-] AcidLeaves@hexbear.net 5 points 6 months ago* (last edited 6 months ago)

They're all under valued because China actually curbs harmful monopolies, extreme exploitation that is great for profits, and nationalizes troublesome companies

this post was submitted on 09 May 2024

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