Words
54
Reading
1 min
7y
One thing i have learnt is that money is bank is good for nothing because inflation actually reduces the value the money has. What 1 dollar can buy 10 years ago can't be bought with 1 dollar now. So saving money in bank is just a bad idea as banks interest rates are low
RE: 8 Ways How Inflation Threatens Your Income, and 13 Ways to Fight It