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Don't remind me again today

A citizen converted his 1,700 grams of gold into cash last year. It was worth 3.3 million lira, and he immediately bought a car. What happened now? His car is still worth 3.3 million lira. But that gold? It has skyrocketed to 7 million lira.



Now the man is calculating: If I had kept the gold, today I would have assets worth 7 million lira. I bought a car, and it's still at the same price.

"Biggest mistake of my life!" he says now.

This is how inflation works. Real assets are preserved, paper money melts away.
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WenAirdropvip
· 19h ago
Bro, this is a bloody lesson, I should have stocked up on gold earlier.
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LiquidityWitchvip
· 11-23 22:21
Ah, this guy, he really should have hodled that gold back then... Only now do I understand what "hard asset moat" means, it's too late. This trick of paper currency devaluation is being played by central banks all over the world, and it's the ordinary people who suffer. That's why I would never sell my gold, I believe in hoarding physical assets. How painful must that decision have been back then...
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UncommonNPCvip
· 11-23 22:18
This guy really demonstrated what "currency devaluation, hard assets are king" means, taught a harsh lesson. Oh my, the difference between 7 million and 3 million, that mindset must be collapsing. A typical "I just want to drive a car" but ended up losing half his life to inflation. If I had known earlier, I would have hoarded gold, it's too late to regret now. This is why smart people are hoarding physical assets, paper money is really unreliable. A direct on-site textbook, more useful than any financial management course.
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gas_fee_therapistvip
· 11-23 22:16
Haha brother, this is a typical "buying gold is better than buying a car" blood and tears history. Really, when I see this story, I think of those around me who sold their houses to buy financial products... What happened in the end? Gold is the hard currency, did you get that?
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