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yes but if you hold cash they don't come and take 1% out of your wallet
by lostboys67 9y ago
yes but if you hold cash they don't come and take 1% out of your wallet
- thehardsphere 9y agoThey don't need to, because they can take the 1% out of your wallet by printing more pieces of paper with dead politicians faces on it.
- lostboys67 9y agoNot the same one of the Baltic countries has openly speculated about taking money directly from peoples bank accounts.
- thehardsphere 9y agoAhh yes, that is different, and worth being paranoid about if you live in one of those countries where it's an idea people in power are considering.
- phkahler 9y agoInflation affects all kinds of money - including that sitting in a bank account. All forms of electronic payment include rent paid to some company and that's above and beyond currency devaluation.