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344 | Risk Avoidance and Deworsification

ChooseFI

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The Insidious Nature of Inflation

Even at two % inflation, over the course of decades, this is going to be a remarkable reduction in in essence, the value of that money. You see it when you talk to your grandparents. Like, oh, a movie used to cost a nickel a quarter, or a gallon of milk was 15 cents. So therefore, being so savoidant, by putting your money just essentially under your mattress or in a freezer, it's not helping you, right? It's condemning you to having less purchasing power in the future.

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