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and if you hold cash, as you mean, the physical asset, it costs you money. (bank vaults arent cheap) so no only does inflation eat away at it, so does the month
by KaiserPro 11y ago
and if you hold cash, as you mean, the physical asset, it costs you money. (bank vaults arent cheap) so no only does inflation eat away at it, so does the monthly cost.
- jazzyk 11y agoTrue, with cash you also lose to inflation but cash is 100% liquid, bonds - much less so.