Inflation is a persistent issue affecting purchasing power, meaning that money loses value over time. The recent Cointelegraph video explains how this is a built-in feature of modern monetary systems. The narrative traces back to the 1944 Bretton Woods agreement, which pegged the US dollar to gold until 1971. Post this era, the dollar became fiat money, leading to consistent decreases in purchasing power, with a dollar in 1971 equating to over seven dollars today. Factors like money printing, energy shocks, supply chain disruptions, and rising wages contribute to inflation, which central banks consider 'healthy' at around 2%. This raises concerns for savers looking for alternative wealth protection strategies, with options like gold or Bitcoin being explored for their scarcity and potential stability. The video further delves into the risks of inflation and offers insights into different methods individuals use to safeguard their finances against this ongoing devaluation.

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