If your 1000 USD bank savings loses on average 15% value per year, that means for every month you do not spend it, you are donating 12.50 USD to the government.
If your 1000 USD bank savings loses on average 15% value per year, that means for every month you do not spend it, you are donating 12.50 USD to the government.
I'm glad I don't have money in a savings account. Kinda wish I did so I could put it in bitcoin, but I already moved all of that into real money years ago now 🤣
