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That's not a drawback, it's basically the whole point. Cash is designed to be a bad store of value in the long run because the government wants you to spend it
by colinmhayes 5y ago
That's not a drawback, it's basically the whole point. Cash is designed to be a bad store of value in the long run because the government wants you to spend it or invest it. Cash is a good store of value in the short and medium run so that people accept it in return for goods and services but a bad one in the long run so that it doesn't make sense to hoard it.