currency will our cash in the bank be done at 1 for 1 or should we be fully invested in assets so when the new currency comes out it will be valued in the new currency.
That is the big debate. I have a friend that bought raw land and heavy equipment to store the value of his cash. Not sure that was a good thing, but it can't be taken away from him and it will always have value moving forward. I personally would lean more towards hard assets as well, not sure heavy equipment is a good store. Gold, silver, precious stones, art, guns and ammo, collectables all seem a better store than heavy equipment. When I think about how much cash he has in them it blows my mind away.
His raw land has gone up a lot in the last 3 years but it has come off the tops more than 15% but is still up. If we see the real estate market correct he will not only give it all back but may actually lose on a short term basis.
[link] [comments] https://www.reddit.com/r/stocks/comments/14rnxlo/how_do_we_profit_from_the_cbdc_or_the_fednow/
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