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To: Carriage Hill

Losing 10% annually on the cash due to inflation


5 posted on 12/30/2022 8:53:44 AM PST by Codeflier (My voting days are over. Let it burn...give the people what they want good and hard. )
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To: Codeflier; Dr. Pritchett

I figure inflation is closer to 17%, despite gov’t BS numbers. Just look at prices’ averages. So, in sum, I’m better off in cash, than in stocks, except for firearms and ammo stocks I still hold.


9 posted on 12/30/2022 9:00:01 AM PST by Carriage Hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: Codeflier
Losing 10% annually on the cash due to inflation

Price inflation is coming down, due to monetary deflation.

There are a number of cash instruments that pay over 5%.

Price inflation has not been at 10% when taken as a whole.

Cash is the wise place to be. Been there since the end of 2021.

22 posted on 12/30/2022 11:45:18 AM PST by politicket
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