Inflation is spiking up in many countries, we all are experiencing its effect and repercussions regardless of where we are living. This week another country falls into default, and inflation its expected to kick in harder, as people lose the trust of the currency they use on a daily basis.
People often thing: “This can’t happen to me..” Or “My country’s currency is better than that one”. But let’s not kid ourselves. Our monetary policies have been left loose and there has been unprecedented “money printed” on the last two years, debasing the value of our savings. Even developed countries are seeing outrageous effects.