What can cause your money to lose value in a savings account?
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1 answer
# Inflation
What will $1 m be worth in 20 years?
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What is the surge in prices?
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What happens when the economy has too much money?
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Why shouldn’t you hold cash?
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What are the effects of easy money?
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What problems can happen if there is too much money in the economy?
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How much will $10,000 be worth in 20 years?
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What happens if there’s too much money in the economy?
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What is wrong if there is too much money in the circulation?
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1 answer