Treasury bills
If you lock your money into a 4.6% treasury bill and inflation is 7%, aren’t you losing money (value)?
Terry Says
Yep. But you’re losing less money than if you left it in a bank CD at 2%!
If you lock your money into a 4.6% treasury bill and inflation is 7%, aren’t you losing money (value)?
Yep. But you’re losing less money than if you left it in a bank CD at 2%!
