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    Savona offers self-protective portfolios against inflation

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    (ANSA) – MILAN, JUN 21 – “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 rush” within which investments in proprietary securities perform a primary function. The proposal provides for a balanced composition between securities and real estate assets, entrusting 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 rise of inflation and, even more so, the invasion of Ukraine by Russia have cast heavy shadows on favorable prospects that had emerged “.

    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 the agenda”. (HANDLE).

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    Source: Ansa

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