How does inflation affect holding cash?

answer
Inflation means that your purchasing power decreases over time, as in you can buy more with a dollar today than you'll be able to with that same dollar in a few years. This happens because prices inflate.
Part of the course

Try it out

00:00
00:00

Pick a plan that suits you the best!

Monthly Subscription

$12/month
(billed monthly)

Annual Subscription

$5/month 
(billed annualy)

All our plans includes:

  • High quality audio lessons
  • Lesson summaries
  • Interactive questions
  • Learn & Earn
  • Flashcards
  • Lesson transcripts
  • Learning community