Why Cash Is Not a Lasting Store of Value
Three friends received the same amount of money. One built a house, another bought shares in a reputable company, while the third kept the money in a high-interest savings account. After the government injected new notes into the economy, inflation rose sharply. The first friend still owned a house, and the second held shares worth enough to buy one. But the third friend's savings could no longer cover the foundation of a house. Cash is useful for exchange, but inflation can steadily reduce its purchasing power. Consider building assets and investments that may better preserve value over time.
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