Investing is unfortunately a necessity nowadays to keep your money from melting away due to inflation. In theory, the purpose of inflation is to incentivize individuals to spend their money into the economy rather than hoarding it. Over time, those who allocate their capital into smart and useful endeavors like businesses end up wealthy.
Investing: the Curse of Meritocracy
Investing: the Curse of Meritocracy
Investing: the Curse of Meritocracy
Investing is unfortunately a necessity nowadays to keep your money from melting away due to inflation. In theory, the purpose of inflation is to incentivize individuals to spend their money into the economy rather than hoarding it. Over time, those who allocate their capital into smart and useful endeavors like businesses end up wealthy.