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And of course there's a war with Russia, which might try to destabilize the western economies and monetary system if that's possible.

Shouldn't the prices for those commodities be sky-high because everyone tries to hedge against inflation as well as the looming monetary crisis? Why isn't that the case?

And of course there's a war with Russia, which might try to destabilize the western economies and monetary system if that's possible. Shouldn't the prices for those commodities be sky-high because everyone tries to hedge against inflation as well as the looming monetary crisis? Why isn't that the case?

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[–] • 0 pt (edited )

For gold it's the opposite: it is a realiable store of value BUT as a means of exchange is nearly worthless because in dire situations it is difficult to carry around, smelt, divide and so forth. But, you can store value and eventually fine someone that will trade out for that value.

Crypto has the same value as fiat, gold, silver or sea shells. You can store and exchange value relatively easily with it, so you are wrong there.

Stocks have the same value as above, value is is a psychological mechanism humans use to convert value between things of unequal kind, so you are wrong there as well. However, stocks are more speculative than any of the above because they are backed by organizations and not a generalized exchange mechanism.

You are last on the last part.

You got 1 out of 5 right. Won't be subscribing to your newsletter.

[–] • 1 pt

what newsletter ?

we have a different idea of what "reliable" means.

Have a nice day

[–] • 1 pt

I'm just giving you a hard time. All good.