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>By holding all your wealth in cash you're trading an explicit set of risks for an invisible set. I don't understand this sentiment, mind explaining?
by Rainymood 8y ago
>By holding all your wealth in cash you're trading an explicit set of risks for an invisible set.
I don't understand this sentiment, mind explaining?
- tastyham 8y agoKeeping cash is a bet on inflation staying low, which is a very, very bad bet historically.