Ask Terry Questions Cash ..dismanteling its use.

Cash ..dismanteling its use.

By Terry Savage on May 13, 2023 | Wild Card

I use cash to help me with my budget expences. Why is cash being disolved ?
I have cash on me now. Do I risk loosing its value , or should I redeposit it in my account ? Thanks Terry !♡♡

Terry Says

The value of ALL your money is diminished by inflation –whether it is money in the bank or in paper cash in your safe deposit box. That’s why the Fed is fighting inflation. IN countries where there is a lot of inflation no one holds cash. They trade it immediately for commodities — food, other stuff.



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