2min chapter

Many Happy Returns cover image

Dry Powder: Where to Park Your Cash

Many Happy Returns

CHAPTER

Why Would We Hold Cash?

A lot of the central banks now expect inflation is going to come down a lot over the course of 2023. So, why would we hold cash then? If we haven't even got the chance to keep up with inflation,. at least not at the moment? And I think that's the key point, not at the present. At the moment, losing a little bit of money is preferable to losing a lot of money. Is that the kind of situation we're in? and if people are nervous, yeah, I think they're going to keep away from risky assets. They've just been bruised by a fairly brutal sell off in the U.S., but it's definitely a head

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode