Comment Comment by kindfellow92 > If you take $10,000 USD in cash and put it in the freezer, in a year it would be worth $9,700 of today’s value.> Yep you read that right. Holding USD means the cash will be “worth” less next year. This is because of a 3% inflation rate.USD inflation is effectively dead ATM and has been since at least the early 2000s. parent kindfellow92 9 years ago
> Yep you read that right. Holding USD means the cash will be “worth” less next year. This is because of a 3% inflation rate.
USD inflation is effectively dead ATM and has been since at least the early 2000s.