TheThriftyDev on Nostr: As an American love Japanese people, however a lot of you like a lot of Americans ...

As an American love Japanese people, however a lot of you like a lot of Americans don't seem to realize that government issued fiat currency is valued and devalued at the whims of government interest rates and money printing. If you want to save, you have to save and things that they can't print out of thin air. Preferably things that are cash flow generating (e.g. things like Ethereum or tried and tested DeFi projects) or at the very minimum save in things that are scarce and resilient against inflation. For the sake of the example if there is 100 billion yen in circulation and you save 10 million yen, then the government prints another 10% the money you already worked for is worth 10% after you already saved it. As such cashflow is King, not just stagnant cash.