Inflation, Explained
Afford Anything
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Investing in Cryptocurrencies During the Pandemic
People began piling into tangible goods because prices had doubled twice in the last eight years. But despite this, people were more worried about unemployment than they were about inflation. In 19 14, one us. Dollar was worth about four or five german marks. By november 19 23, one we. Dollar was equal to one trillion marks. And ordinary citizens were bartering goods with one another. They were that into tangible assets that by 19 23, people were trading a handkerchief for some carrots, or a shirt for some shoes. People were also aggressively investing in foreign currencies, trading german marks for a litany of currencies from many other nations. This is a history lesson.
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