That's why Americans are always very rich and their GDP is increasing every year. because they never let their money lose value every year due to inflation.
We really need to learn about effective ways to invest so our money doesn't lose value over the years.
Well, you actually do need a pretty significant emergency fund that you can easily access.
Especially in the US I'd say.
If they run into any medical issues which aren't covered by their insurance, they're pretty much bankrupt.
If they even have insurance in the first place, that is...