11 sats \ 3 replies \ @SatsMate 19 Jun \ on: India's fast growing economy has a problem econ
I think those who hold real estate and the Nifty index are doing okay, but those how keep their money in fiat are obviously being debased.
While I am a bitcoiner, many in India are big gold bugs. They often wear it on their wrist, neck and fingers. There are many avenues to moving towards harder money in India.
Indian people wear gold traditionally. It's in our culture. Our ladies love gold more than they love us. Generally, we buy gold to make 'her happy or special' not for investment purposes.
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The poor got no gold
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