Is there a way for people to be self sufficient when inflation is very high?

Updated on Financial 2024-05-04
18 answers
  1. Anonymous users2024-02-09

    Yes At a time when inflation is high in a market, the extremes of import substitution will produce a completely self-sufficient economy, just like Nike, which can open up the broadest echelons with its wide variety of products. <>

  2. Anonymous users2024-02-08

    People have a way to be self-sufficient, because in the situation of inflation, money will become very worthless, and there will be a lot of food, so that people can spend their money to buy food, to buy the food they want to eat, and they can store it in this situation and live a very good life.

  3. Anonymous users2024-02-07

    Under normal circumstances, there is no way to be self-sufficient, unless you can farm your own fields in the countryside, so that you can only ensure that you can eat enough, but you cannot be self-sufficient in other aspects.

  4. Anonymous users2024-02-06

    Yes Invest in the face of inflation:1You can invest in real estate, because real estate must appreciate in value when it is inflationary.

    2.You can invest in **, because ** is the price of the sea god needle. 3.

    Compound investment is to make **, insurance, ** investment at the same time.

  5. Anonymous users2024-02-05

    The biggest harm that inflation brings to ordinary people is that the purchasing power of money in their hands has decreased. Of course, if you are very rich, of course you can be self-sufficient. If you're not particularly rich and self-sufficient, it's a bit difficult.

  6. Anonymous users2024-02-04

    In times of inflation, the state should shrink, and people should be frugal with their daily necessities, not too extravagant, and in this environment, people should reduce their needs for things that are not too necessary.

  7. Anonymous users2024-02-03

    I think it is that you can work hard, and then make money to support yourself with your own ability, which is also a self-sufficient method, which is to make money by your own efforts, and then you can work more and get more.

  8. Anonymous users2024-02-02

    How to deal with inflation?

    OneSpend wisely and reduce unnecessary spending

    Since the price is **, the simplest and crudest way to deal with the price ** is: do not spend money. Of course, it is impossible not to spend money, but it is still necessary to spend less.

    We have all heard the story of the famous "latte factor", drinking one less cup of coffee a day can save money on a BMW. This is not advocating excessive savings, but reasonable consumption is necessary.

    Sometimes we have to be ourselves and cut back on unnecessary expenses, and over time you will find that you will gain a lot of money.

    IIGrow your wealth

    In addition to throttling, open source is also one of the channels to deal with inflation. Nowadays, there are many financial channels: fixed income or non-fixed income products such as bank wealth management products, foreign exchange, etc., are good channels for wealth appreciation.

    If you have enough funds in hand, you can appropriately make some products with appreciation potential and investment value, such as buying ** and treasury bonds. If you must save money, try to choose a product with a higher interest rate.

  9. Anonymous users2024-02-01

    Hee Hee 1As an ordinary person, we should focus on passive defense, first communicate with our family members, have a positive attitude to overcome difficulties, lower life expectations, and make careful calculations. 2.

    At the same time, prudent investment or financial management, as soon as possible to exchange part of the cash or savings into foreign exchange or ** and other relatively hedging varieties.

    Inflation creates a total social product (capital goods, consumer goods)****, but assets and consumer goods are not necessarily synchronized**. Depending on the nature of excess liquidity, consumer goods prices may be unfast, or lower than the inflation rate. In this case, since the **** range of total products should be equal to the inflation rate, the **** range of capital goods must be higher than the inflation rate.

    Rule 1: It is more cost-effective to hold as many assets as possible than to hold cash. Article 2:

    Not all assets will appreciate more than inflation. Article 3: In a given period, the market ** of an asset may exceed its appreciation potential.

    The investment philosophy in the inflationary period is: 1) choose assets; ii) select a specific asset; 3) Choose to invest in a specific asset at a specific time.

    Questions. How is Call Auction calculated?

    The volume is the sum of all deals in each calculation period (e.g. 6 seconds), and the direction is based on the direction of the last deal.

  10. Anonymous users2024-01-31

    There are three ways to deal with inflation:

    The first is to buy high-yield wealth management products to cope with inflation, such as ****, bonds**, etc.

    The second is to buy anti-inflation assets such as houses, **, and remember to carry out high debt under controllable circumstances.

    The third is to choose a relatively stable job, do some small side hustles, and use the way of increasing income and reducing expenditure to deal with inflation. This response is generally based on the uncontrollable situation of hyperinflation, so when inflation is under control, then these responses are useless.

    Judging from the recent operations of the United States, ** in the absence of a way to deal with the crisis, it is by printing a large amount of money to depreciate the national currency, which can dilute the maturing debt, pass on financial risks, and postpone the date of the crisis. But printing money won't solve anything, it will only make it worse.

    Therefore, the way we respond at this time is mainly based on two aspectsThe first is to consume hard and make your money a material, so that when inflation comes, the value of our things will rise along with money. The second is to keep your job, so that you can at least support your family, and when the inflation cycle is over and the economy begins to fully recover, it is not too late to change jobs.

    To sum up, this is how inflation is handled.

  11. Anonymous users2024-01-30

    Control the amount of currency**. Since the direct cause of inflation is too much money, one of the most basic countermeasures to control inflation is to control the amount of money, adapt it to the demand for money, and stabilize the value of the currency to stabilize prices. In order to control the amount of money, it is necessary to implement a moderately tight monetary policy, control the supply of money, maintain a moderate scale of credit, and use various monetary policy tools to flexibly and effectively regulate the total amount of money and credit, so as to control the amount of money at a level that is compatible with the objective demand.

    Adjust the economic structure. Since one of the causes of inflation is the imbalance of the economic structure, one plan to control inflation is to adjust the economic structure, maintain a certain proportion among various industrial sectors, and avoid the supply and demand of certain products such as grain and raw materials from driving up prices due to structural imbalance**.

    Increase supply. The cause of inflation is that the aggregate demand of society is greater than the aggregate supply, and to control inflation, it is necessary to reduce aggregate demand through contractionary policies on the one hand, and increase aggregate supply on the other. The main measures are:

    Tax cuts will increase workers' willingness to work and labor productivity, increase enterprises' willingness to invest, and thus lead to an increase in aggregate supply; Reduce the restrictions on enterprises, so that enterprises can better expand the supply of goods; Enterprises are encouraged to adopt new technologies, update equipment and adjust the industrial structure.

    Other policies to cure inflation. In addition to controlling demand, increasing supply, and adjusting the structure, there are also some other policies to control inflation, such as price limits, tax cuts, and indexation.

  12. Anonymous users2024-01-29

    The way to deal with inflation is very limited, in addition to the limited domestic investment channels, more investment itself is a science, and ordinary people rarely bother to study and learn. So how should ordinary people deal with inflation?

    1.In terms of the current value system, the best way for ordinary people to cope with inflation is to buy a house. The house is only for living, not for speculation, yes, but when you need money, the house can be used as a mortgage.

    As a fixed asset, the house will be a fixed asset for the next ten years, although it will be difficult to have much space, but it will resist inflation and not be a big problem. Because it is a commodity in itself, since it is inflationary, then the price of the commodity will increase. Can house prices change in different directions?

    2.Appropriately match some**, preferably paper**, don't buy physical **, after all, it's just inflation, and it's not serious enough to need physical **. There is a risk of discounting the sale of physical goods, and most of the paper will be strictly in accordance with the trend of the physical goods, and it is understood that the paper of a bank can be held for enough time to give away a gram or something.

    Therefore, from an investment point of view, it is also possible to resist inflation by matching some paper** appropriately. However, there is also a risk in buying, if the short-term risk aversion is relatively high, the price of gold will be high, and it will take a long time to return to the capital.

    These are the two main ways that ordinary people resist inflation.

  13. Anonymous users2024-01-28

    In the face of inflation, we should establish a correct concept of wealth management and realize the appreciation of wealth and assets as much as possible, so as to cope with the impact of inflationary asset depreciation. How to maintain and increase the value of assets also needs to be chosen according to their own actual conditions.

  14. Anonymous users2024-01-27

    In case of inflation, which of the four common coping methods do you choose?

  15. Anonymous users2024-01-26

    1. Prices: too much currency issuance and not enough commodities will lead to prices, lower consumption levels, when encountering inflation, products are generally available, and the maximum number of products that consumers can buy is reduced under the condition that their income remains unchanged, so the overall welfare of society will be reduced;

    2. Cost: The product will lead to raw materials, in order to meet the needs of daily life, the cost of human resources will also lead to the redistribution of income with the consumption level generated by inflation. For those who take salary or wages as their main income, the increase in monthly salary often lags behind the consumption level, and the longer they lag behind, the greater the loss affected by inflation;

    3. Currency depreciation: If the amount of currency issued exceeds the amount of money needed in the circulation of goods, the price of paper money will fall, and the price will follow.

    1. Paper money depreciates greatly due to too much issuance: under the circumstance that the amount of currency often required in commodity circulation has been determined, the more paper money is issued, the lower the amount of currency that can be represented by the unit banknote, and the greater the price reduction level of paper money;

    2. The consumption level is fully affected by the decline in the price of banknotes: the higher the depreciation rate of banknotes, the higher the consumption level.

    1. Demand-driven inflation: the excessive increase in aggregate demand exceeds the total supply of products at the level of Li Sales, resulting in a general consumption level. The excessive growth of aggregate demand is reflected in the continuous increase in the amount of money exceeding the amount of social goods due to the inflation of investment and consumption transactions, so it is also called excess demand inflation;

    2. Structural inflation: The level of consumption caused by the imbalance in the structure of the socio-economic unit is widespread**, and this type of inflation is generally more prominent in developing countries.

  16. Anonymous users2024-01-25

    1) Inflation has caused individuals to change their investment direction.

    The direct manifestation of inflation should be the price of goods, and it is best to buy real estate in order to preserve its value.

    2) How should the private sector be transformed?

    The cause of inflation is demand-pulled. Demand-pull inflation, also known as excess demand inflation, refers to a sustained and significant increase in the general ** level caused by aggregate demand exceeding aggregate supply. This type of inflation is in turn figuratively described as "too much money chasing too little goods".

    Cost push. Cost-push inflation, also known as supply inflation, refers to a sustained and significant increase in the general level caused by the increase in supply-side costs in the absence of excess demand.

    Structural factors. Structural inflation refers to the persistence of the general level only due to changes in economic structural factors in the absence of demand pull and cost push. However, because on the one hand, it is not easy for the modern social and economic structure to transfer the factors of production from backward sectors, declining sectors, and closed sectors to advanced sectors, emerging sectors, and open sectors, and on the other hand, backward sectors, declining sectors, and closed sectors require that they be on par with advanced sectors, emerging sectors, and open sectors in terms of wages and development, the result will be a general level.

    Private companies need to adjust their strategies based on the above!!

    3) Will pension insurance and commercial insurance have an impact?

    The base remained the same, and the currency depreciated, of course, had an impact.

  17. Anonymous users2024-01-24

    A common example is that over time, inflation leads to a decrease in wages, a decrease in demand, and then a decrease in demand, and then a recession, deflation, and then normalization. Instruments such as raising interest rates have only accelerated this time process. But for hyperinflation, just like the economic crisis, it will bring heavy damage to the economy and society, leading to social unrest, and the people are not happy, in this case, ** will often be solved through war, as mentioned above, for example, Germany, before World War II, in order to repay debts, crazy money printing, inflation reached an unprecedented level, and the people were not happy, and finally caused war.

  18. Anonymous users2024-01-23

    There are several ways in which individuals can cope with inflation:

    1. Appropriate selection of diversified financial investment, in addition to the above-mentioned **, bonds, real estate, ***, commodities, etc., although the market is not very sound, but on the basis of risk control investment, you can also choose scarce goods for investment preservation, such as calligraphy and painting, antiques, treasures, ancient jade, agarwood, stamps, etc.

    2. When investing, you can study some scarce sectors, such as new energy, low-carbon environmental protection and other industries, understand and analyze, decisively build positions, overcome greed, focus on familiar bands, and avoid diversified portfolio operations, so as to understand information changes in a timely manner and reduce investment risks;

    3. Carry out private equity investment in suitable projects, and participate in the enterprise on the basis of a full understanding of the project, or use the method of borrowing (debt investment) to obtain returns through the planning of income;

    4. For some enterprises that are familiar with themselves and have good credit, the term of private lending should not be too long, generally the interest will be calculated monthly within one year, and the other party can also be required to provide a certain range of guarantees;

    5. Real estate can also be moderately involved, and the housing prices in first-tier cities are already very high and can be paid attention to.

    Second- and third-tier cities for investment, the risk of price decline is small, the population continues to grow, the rigid demand for real estate exists, and the potential for real estate appreciation is still very large.

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