Cryptocurrency Q&A
Are tips good in a recession?
Are tips good in a recession?
Sara
Mon Nov 11 2024
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7 answers
1346
I'm wondering if giving tips is a good idea during a recession. With the economic downturn, people are struggling, so I'm not sure if tips are appropriate or even helpful in such times.
7 answers
mia_clark_teacher
Wed Nov 13 2024
When inflation rises, the face value of TIPS increases accordingly.
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Federico
Wed Nov 13 2024
TIPS provide an effective way to manage your cash during economic downturns.
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BonsaiVitality
Wed Nov 13 2024
They are designed to help preserve the value of your investment.
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DiamondStorm
Wed Nov 13 2024
The face value of TIPS fluctuates in response to inflation or deflation.
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HallyuHeroLegendaryStar
Wed Nov 13 2024
This ensures that your investment maintains its purchasing power.
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