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Savona offers self-protective portfolios against inflation

2022-06-21T09:42:01.963Z


"An" alternative way "to monetary tightening to resist the" unfair tax "represented by inflation through the creation of" portfolios that self-protect savers "from the price race" in the context of which investments in p ... (HANDLE)


(ANSA) - MILAN, 21 JUN - "An" alternative way "to the strict monetary system to resist the" unfair tax "represented by inflation through the creation of" portfolios that self-protect savers "from the race of prices" in which investments in securities properties perform a primary function.

The proposal provides for a balanced composition between securities and real estate activities, entrusting the profitability to the trends of the real economy, thus relieving monetary policy of the weight of unusual maneuvers on interest rates ". This is the idea that the president of Consob, Paolo Savona, launched in his speech at the annual meeting with the financial market during which he stressed that "The onset of inflation and, even more so, the


   The appointment also served Savona to indicate that "We agree with the need to convene an international conference, which has the inclusion of the cryptocurrency market in the existing standardization on its agenda".

(HANDLE).


Source: ansa

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