In the case of inflation, your purchasing power will decrease. For example, there was a period during the 1940s (1941-1951) where if you held cash, t-bills, cas

In the case of inflation, your purchasing power will decrease. For example, there was a period during the 1940s (1941-1951) where if you held cash, t-bills, cash in a bank, or t-bonds instead of equities, you would have seen your purchasing power decrease by 30-50% over that time period.[0] [0]: https://www.lynalden.com/may-2021-newsletter/ https://www.lynalden.com/may-2021-newsletter/