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minus-squareFlexibleToast@lemmy.worldlinkfedilinkEnglisharrow-up6arrow-down1·1 month ago cash stored in a bank or pretty much anywhere else increases in value You quite literally said cash being hoarded increases in value.
minus-squareryannathans@aussie.zonelinkfedilinkarrow-up2arrow-down6·1 month agoI literally said cash stored in a bank or pretty much anywhere else increases in value Do you store your cash in a jar under your bed? That’s pretty much the only place it doesn’t accrue interest
minus-squareFlexibleToast@lemmy.worldlinkfedilinkEnglisharrow-up4arrow-down1·1 month agoA bank will give you a laughably low interest that will not keep up with inflation. Rich people are not doing that. It’s okay to just say, thanks for the correction, and then move on with your life. You don’t have to get defensive for no reason.
minus-squareryannathans@aussie.zonelinkfedilinkarrow-up2arrow-down2·1 month agoYou sound pretty defensive, borderline bananas even
You quite literally said cash being hoarded increases in value.
I literally said cash stored in a bank or pretty much anywhere else increases in value
Do you store your cash in a jar under your bed? That’s pretty much the only place it doesn’t accrue interest
A bank will give you a laughably low interest that will not keep up with inflation. Rich people are not doing that. It’s okay to just say, thanks for the correction, and then move on with your life. You don’t have to get defensive for no reason.
You sound pretty defensive, borderline bananas even