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If inflation is 10%, then most places you put your money won't hold value over time.
by shadowgovt 4y ago
If inflation is 10%, then most places you put your money won't hold value over time.
- eatsyourtacos 4y agoSo, in a period where the market is down like 30% and inflation is up 10%.. your argument is putting it in the market is the way to combat inflation? I mean, I get what you mean.. but we have a -40% differential here to prove you utterly wrong at the moment.
- shadowgovt 4y agoMy argument is that keeping it in savings, uninvested, or even in a mason jar in the back yard will also show diminishing returns. It will, of course, shrink slower, but the path is downhill along most axes.
- bigyikes 4y ago-40% over what time period? The current economy is not the norm.