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nowadays, people who have a lot of cash in their hands are laughing because of these 4 reasons

2024-10-03

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recently, an interesting phenomenon caught my attention: people who hold a handful of cash in their hands always have a mysterious smile on their lips. it seems that in this turbulent market, they have grasped some unknown "secrets of making money". what makes them so calm?

data shows that although the cpi only rose 0.6% year-on-year in august 2024, in sharp contrast, the m2 money supply reached as high as 305.1 trillion, once again setting a new historical record. with excessive currency issuance, future inflation will inevitably make people worried. however, those with cash in hand were unmoved. why is this?

first, they understand that "cash is king". indeed, under inflation expectations, the purchasing power of cash will gradually shrink. but the reality right now is that we are still in a deflationary quagmire. in this environment, cash can not only preserve principal, but also increase purchasing power. no wonder those who hold the currency and wait and see always look relaxed and contented.

"the stock market and property market? oh, the bubble is too big and the risks are uncontrollable. cash is the safest, so you don't have to worry about life." a senior investor said. betting all your money in one or two baskets is never a safe strategy.