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<p>[QUOTE="Clawcoins, post: 3104806, member: 77814"]To make it brief. I don't allow macroeconomic policy to dictate my spending / savings habits. I base my financial decisions on my goals, not the gov't goals for consumers. Will inflation/deflation ever stop?</p><p><br /></p><p>To me, cash is still king and used all the time. Half of my purchases are cash base at some point. It saves me money. There is also no premium paid at any time by having or using cash. And no matter the economic condition, conversion issues of PMs, etc you always know how much your cash is worth; and it's instantly usable even when there's a massive blackout when electronic methods are not available.</p><p><br /></p><p>That doesn't mean I don't have other investments: PMs; coins, high yield savings, stocks, mutual funds, retirement accounts, property, etc. I just also hold cash as it's instantly available and pretty cool to look at.</p><p><br /></p><p>Do you track each individual item in CPI and inflation statistics? Or just lump them all together? Do you buy large CPI items each and every month or just use the number to gauge your sentiment to it?</p><p><br /></p><p>Think of how your mortgage, car purchase, salary, energy, gasoline is affected not just *now* but also long term in relation to inflation, interest rates; competition or improved methods of production.</p><p><br /></p><p>What about negative inflation such as in early 2015. Did you sell all your assets and convert to cash ? </p><p><br /></p><p>I base my decisions on my spending and long term goals and cash will continue to be a major player in that. But then, I also keep all my change and hoard it too. LOL</p><p><br /></p><p>Of course, one's definition may make everything totally different from my perspective.[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 3104806, member: 77814"]To make it brief. I don't allow macroeconomic policy to dictate my spending / savings habits. I base my financial decisions on my goals, not the gov't goals for consumers. Will inflation/deflation ever stop? To me, cash is still king and used all the time. Half of my purchases are cash base at some point. It saves me money. There is also no premium paid at any time by having or using cash. And no matter the economic condition, conversion issues of PMs, etc you always know how much your cash is worth; and it's instantly usable even when there's a massive blackout when electronic methods are not available. That doesn't mean I don't have other investments: PMs; coins, high yield savings, stocks, mutual funds, retirement accounts, property, etc. I just also hold cash as it's instantly available and pretty cool to look at. Do you track each individual item in CPI and inflation statistics? Or just lump them all together? Do you buy large CPI items each and every month or just use the number to gauge your sentiment to it? Think of how your mortgage, car purchase, salary, energy, gasoline is affected not just *now* but also long term in relation to inflation, interest rates; competition or improved methods of production. What about negative inflation such as in early 2015. Did you sell all your assets and convert to cash ? I base my decisions on my spending and long term goals and cash will continue to be a major player in that. But then, I also keep all my change and hoard it too. LOL Of course, one's definition may make everything totally different from my perspective.[/QUOTE]
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