Imagine that in 1996 you became a dollar millionaire and decided to keep all your savings in cash 👍
Today, just 28 years later, your savings would have depreciated by 50% due to inflation 🤬
That's considering that inflation in the US has been quite low on average relative to other countries like Turkey, Argentina, Venesuala 📊
In those countries, people's savings over that time period could be multiplied by zero 📉