> ... competing against 5% no risk return Until recently, this was less than inflation. A year ago the inflation rate of the US$ was more than 8%. So the net r

> ... competing against 5% no risk return Until recently, this was less than inflation. A year ago the inflation rate of the US$ was more than 8%. So the net result when applying an interest rate of 5% was -3%. Less than in most of the period before 2021 when assuming an interest rate of 0%. I doubt that investors are not aware of this, arn't they?