…. sitting on cash with no assets, let’s the central banks reduce the value of the dollar by printing more and make each dollar worth 3% less each year.
Stocks are limited by each company that issues it.
Gold is a scarce resource that our early human ancestors decided would be good for currency cause it’s rare, heavy and hard to steal.
USA’s central bank, The Federal Reserve, lowered interest rate to 0% and will lower them to negative interest rates. They will charge you for holding money in a savings account cause they want people to spend money and stimulate the economy.
Cash is not an asset. It’s a medium of exchange for human labor/art.
Time itself is ultimate currency. Time and your life is limited.
submitted by /u/KalEll66
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