4 ms·
It's significantly different. If I told you that every year your money would be worth 3% less, that's different than me saying that 10% of your savings are gon
by ameister14 14y ago
It's significantly different.
If I told you that every year your money would be worth 3% less, that's different than me saying that 10% of your savings are gone now.
It's more complex as well because inflation influences salaries and prices, plus the whole long-term vs immediate aspect.