Any entity with $1,000,000 in cash is making a calculated risk play. They could easily put that cash into gold, bonds, stocks, etc. They are betting on cash ins

Any entity with $1,000,000 in cash is making a calculated risk play. They could easily put that cash into gold, bonds, stocks, etc. They are betting on cash inspire of the inflation. Any person with $1,000 is living paycheck to paycheck and has no choice but to keep it in cash (if they can keep it at all). So really you have to compare $1,000,000 in bonds/averaged stock performance to $1,000 of income per month. The latter is far more impacted as the cost of gas and food increases 10%.