Inflation

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so, that's cash. And people think that that's the safest and has the lowest return guaranteed almost to have the worst return over the longer period of time. >> People keep cash because it feels safer. >> That's right. And I'm saying it's not safer. Because of inflation. >> Explain that to me in simple terms. >> Okay. Well, if I got no interest rate, um then what I would do is I'd lose the to the inflation rate. >> And what's the inflation rate? >> And well, 3 and 1/2 or 4% happens to be about where it is now.

Well, if I got no interest rate, um then what I would do is I'd lose the to the inflation rate.

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