Richy_T
Legendary
*
Offline Offline

Activity: 1344
Merit: 1000


1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k


View Profile Personal Message (Offline)

Ignore
January 18, 2015, 09:05:17 PM

PS. Only idiots keep their savings as currency in a high inflation environment.  I wonder if it is genetic?


There, FTFY.

If the government weren't running the presses and skewing the banking market, savings as investment would carry risk and keeping savings as currency would be a safe thing to do and in a mildly deflationary environment (such as the continual technological advancement one we occupy should be) would be advantageous and low risk (though one might choose to pay the bank to hold (not invest) one's currency).

Your unaltered statement points to the outright theft which governments are engaging in.