Oddbean new post about | logout
 So why would you hold fiat in your account? You are saving in a currency that a guaranteed to lose purchasing power. And you don't even have anything to show for it? You just have a pile of currency that are less valuable. So with your logic you babe to buy everything right now with your currency. So you're left with 0 savings. And a bunch of goods you probably can't sell for more than you purchased them for.