[bump64]

I am struggling to find what an average person with a bit of excess money that goes into saving can do when we are faced with higher than normal inflation. I was a kid when hyperinflation happened to my country in Eastern Europe and it was devastating for my family. Hopefully something like this won't happen, but then what should we do if in the next few years we are hit with inflation at the ranges of 10% to 15%? Maybe I should just accept that it is out my control and focus on my work and personal development so I can find a job in any market condition.

[Dumblydorr]

The traditional advice is to buy assets, like investments, real estate, valuables, objects, things that require money to buy but hold their own value over time. I don't think we'll reach hyperinflation, there are supply chain issues that will be solved over time here. I do think that education and healthcare have been inflating for years, there's definitely some shadow-inflation that hasn't been measured fully.

[abraxas]

same situation. My grandparents sold their farm in 1988 with a very nice house (for the era) and a year or two later, by the time they wanted to buy a flat in the city with that money it was barely enough for a used car.

Hyperinflation is a catastrophe.

[jmnicolas]

Gold, farmland what else?

[kilroy123]

Farmland is for the rich not an average tech worker with disposable money.

[greenie_beans]

Not necessarily! Pretty sure you don’t have to be accredited for this: https://www.acretrader.com/ (edit: yikes nvm that’s false for now, but they say they plan to open the platform to non-accredited investors)

And similary, you can provide capital to small farmers: https://gosteward.com/