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With inflation reaching 30-plus year highs, investors are looking to alternative investments to protect their capital from its erosion in case inflation is not “transitory,” but “permanent.” One popular alternative in recent years that has gained some currency is digital coins, such as bitcoin.
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What exactly is ‘transitory inflation’? Inflation is the progressive increase in prices for goods and services over time. Further if something is transitory, it could mean it isn’t permanent or that it lasts a short period of time. To give context, since 1926, the historical average inflation rate is 2.6%. Today it is trending closer to 5.4%.
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December 8, 2021 1:35 PM
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