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Do savings accounts lose money to inflation?

shkspr.mobi

4 points by blenderob 4 days ago · 1 comment

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KellyCriterion 4 days ago

Well, technically they do not - meaning: They do not get decreased from a nominal perspective.

From an economic perspective, they do - as they money on a saving account with noe interest can buy less stuff in the future due to inflation

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