4 ms·

That's why the wealthy class buys "real" assets, instead of holding "nominal" assets(currency)

• WalterBright 4y ago
  I've never held significant amounts of cash because of inflation.
  • haskellandchill 4y ago
    And this is generally regarded as a good thing.
    • vdqtp3 4y ago
      By those who have plenty of income and durable assets and can look down on those who hold cash
      • haskellandchill 4y ago
        it was not meant as a value judgement but a macro economical perspective on encouraging investment in productive assets