Blaze@reddthat.com to Personal Finance@lemmy.mlEnglish · 4 months agoWas the 401(k) a Mistake? How an obscure, 45-year old tax change transformed retirement and left so many Americans out in the cold.www.nytimes.comexternal-linkmessage-square61fedilinkarrow-up199arrow-down10
arrow-up199arrow-down1external-linkWas the 401(k) a Mistake? How an obscure, 45-year old tax change transformed retirement and left so many Americans out in the cold.www.nytimes.comBlaze@reddthat.com to Personal Finance@lemmy.mlEnglish · 4 months agomessage-square61fedilink
minus-squareDkarma@lemmy.worldlinkfedilinkEnglisharrow-up1arrow-down13·4 months agoYes, non fiat currencies like…gold and silver.
minus-squareSpitzspot@lemmings.worldlinkfedilinkEnglisharrow-up7·4 months agoAs more precious metals are mined the amount in circulation increases.
minus-squareshortwavesurfer@monero.townlinkfedilinkEnglisharrow-up1arrow-down6·4 months agoYes, but at a steady, predictable rate that is not controlled by a government.
minus-squareSpitzspot@lemmings.worldlinkfedilinkEnglisharrow-up9·4 months ago“The influx of gold purchases by central banks is currently propelling gold prices to unprecedented levels.” - https://www.livemint.com/market/stock-market-news/explained-why-are-central-banks-like-rbi-pboc-accumulating-gold-in-large-quantities-gold-prices-today-gold-rates-11714963880948.html
Yes, non fiat currencies like…gold and silver.
As more precious metals are mined the amount in circulation increases.
Yes, but at a steady, predictable rate that is not controlled by a government.
“The influx of gold purchases by central banks is currently propelling gold prices to unprecedented levels.” - https://www.livemint.com/market/stock-market-news/explained-why-are-central-banks-like-rbi-pboc-accumulating-gold-in-large-quantities-gold-prices-today-gold-rates-11714963880948.html
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Good luck retiring on it.