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We're making good on this prophecy
(lemmy.world)
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this post was submitted on 08 Jun 2024
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there was a time when keeping money in a savings account, uninvested, didn't mean you were actively losing money
The inflation rate has just about always been positive (besides a few rare years in the 1920s and 1930s). Holding dollars has always lost you buying power. Its just that in recent years, the rate of inflation has been enough for more people to notice.