【AUVESTA】Inflation: In the past two decades, many people’s salary increase has not kept up with the price increase. Salaries have stagnated for years
Apart from the pandemic this year, inflation has attracted the most attention from all quarters. Inflationary pressures have emerged around the world. Has your salary been deteriorated by price inflation?
Inflation rates in the United States and Europe have both hit new highs recently. In August, Europe’s inflation rate rose to 3.0%, the highest in nearly a decade. The United States’ August inflation rate will be announced next Tuesday, but the figures for May, June, and July It has been alarming, exceeding 5%. This has been the only one seen since the financial tsunami in 2009. The increase in the inflation rate has caused everyone to worry about inflation. Inflation has even affected the trend of U.S. stocks .
Crude oil and raw material prices have risen, import and export prices, and imported inflation are already happening in various countries .
Paul Samuelson, the first American Nobel laureate in economics, divided inflation into three categories:
The first category is mild inflation (Low inflation), which is still predictable The second category is rapid inflation (Galloping inflation),which rises by 20% or 100% per year, in two or three places.
The third category is Hyperinflation, which continues to rise at a rate of one million or even one billion per year, until the economy collapses.
In the past two decades, many people’s salary increases have not kept up with price increases. It has also caused the wages to stagnate for years and many people fall into poverty.
2021 the survey finds that one-third of the industries have “negative growth” and cannot keep up with prices. Among 62 industries, 23 industries have negative growth in real wages, accounting for one-third of the total number of industries. Obviously, the long-term salary increase cannot keep up with the price increase.
Real wages have negative growth, ranging from -0.1% to -15.7%
There are 23 industries, including: accommodation services, education services, wedding photography, hairdressing and beauty, fishing and fishing. aquaculture, industry, political institutions, radio and television industry, quarrying, agriculture, animal husbandry production such as
these industries in 2021 are lower than the average monthly salary of USD$1448.
Real wages “slightly behind the group” , is nearly 11 years lower than the average wage growth in real terms but greater than 0, between 0% to 2.2%
A total of 9 industries, including: food and beverage industry, the arts, transport, social welfare service industry, metal manufacturing industry, religious/professional organization, legal service industry, wholesale industry. Among them, only the transportation industry has an average monthly salary of more than USD$1448 in 2021, and all other industries are less than USD$1448.
Since the beginning of this year, most people have felt the pressure of rising vegetable prices, oil prices, and many other commodity prices. In contrast, wages have stagnated for a long time, that is to say, the rate of price increase exceeds the rate of increase in wages, and most wage earners face the dilemma of negative growth in real wages.
Why do you have to hold gold?
1.Gold can provide protection against inflation and currency reforms
2. Gold is the universal cash
3. Gold is a relatively stable investment in times of crisis
4. Gold is limited, cannot be mass-produced, and is highly scarce
5. Global demand for gold is higher than supply
Buying gold is a viable choice for alternative currencies and investment products. Your gold is always your stable reserve and can be changed back to currency at any time
If the price of gold falls, you will get more gold;
If the price of gold rises, you will get less gold and more cash;
In the long run, you will benefit from a better average price.
AUVESTA is a famous German gold company that has been operating since 2009, specializing in the purchase, sale and storage of physical gold, silver, platinum and palladium
Auvesta is an international company and one of the leading precious metal suppliers. It currently supports 109 countries to ship gold and also has more than 200,000 customers. Using Auvesta Online Depot online warehouse, you can store, buy, sell and store physical precious metals online
AUVESTA is currently one of the projects of Work Your Wealth. It has anti-inflation and value-added asset investment projects. It is a long-term investment and has high stability.
Won DFSI evaluation and praise for many times
Also featured in the famous German business magazine-Focus Money
【Best price】
【Best gold dealer】
【Best transparency】
【Best service】
【Best storage】
Why choose Auvesta to buy precious metals?
1.High credit rating
2. Fixed deposit gold enjoys an extra 1% reward
3. High liquidity
4. The gold held has 100% ownership
5. All alchemy factories are high-quality certification (LBMA)
6. Highly secure third-party Safe storage
7. Periodic audit reports
8. Small gold delivery
9. Gold is very cost-effective
Starting from 1 Euros a month for the family’s gold savings plan
Uses physical precious metals to protect your assets
You own the gold you buy 【100% ownership】
To know more about AUVESTA : https://auvesta.co.uk//?Issuer=94739&h1=996399&h2=0f904bbf-939d-43d9-a9d1-28719f690aca
It’s time to grasp the pulse of this rapidly changing era, make the right choice at the critical moment, and get faster progress and a better life.
For more info, welcome to contact Peter Wang : https://linktr.ee/peterwang
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