Quote from: Willisius on December 29, 2014, 05:03:27 AM

Quote from: Flashman on December 28, 2014, 01:29:26 PM

Quote from: jaberwock on December 28, 2014, 09:55:21 AM

If I will lose anyway by playing safe, why should I play safe?

That's true, I think headline inflation is massaged, and it's truly more like 5% PA, leading to losing nearly half the value of your money in 10 years, meanwhile you can get a maximum of about 2% interest in "high yield" savings accounts.

I am pretty sure both of your numbers are overstated. Inflation over the past year has been roughly 1.7% and interest rates on savings accounts tend to max out well under 1% (probably closer to .5%).

The return on things like bonds and stocks however are vastly exceeding inflation so if you invest your money in these kinds of investments (as you should if you have a long term timeframe) you will overall gain money after inflation

Yes and no. But over the years ive noticed purchasing power with the fiat that i own getting weaker. You can say average inflation is 2% but if i measure using basic necessities like for example eggs which cost probably like 15 cents a year ago and is now 20 cents, that doesn't actually reflect annual inflation of 2%