Comment Comment by beaunative Inflation is 7%, and interest for money market fund is 0.01%.Meanwhile in China, inflation is less than 1.5%, interest for money market fund is 2.4%.You earn risk-free 0.9% if you hold them in CNY. You lose 7% if you hold them in USD.Your choice now? parent beaunative 4 years ago
Meanwhile in China, inflation is less than 1.5%, interest for money market fund is 2.4%.
You earn risk-free 0.9% if you hold them in CNY. You lose 7% if you hold them in USD.
Your choice now?