Many countries including Venezuela & Argentina saw record stock market highs as hyperinflation of their currency was setting in
People felt they were getting extremely wealthy, but the value of the currency was falling at a faster rate than the market was rising
Consider this: If your investment increases 50% in 1 year but inflation is 60% in that year, you are 10% poorer despite your asset commanding a higher price. Learn about value, not just price
People felt they were getting extremely wealthy, but the value of the currency was falling at a faster rate than the market was rising
Consider this: If your investment increases 50% in 1 year but inflation is 60% in that year, you are 10% poorer despite your asset commanding a higher price. Learn about value, not just price
- Kategori
- Finance and Crypto
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