ilmscore | Prediction Details
"if you consider that inflation is three and a half percent a year and you're making a half a percent a year you're essentially losing three percent of your money every year just by keeping your money safe in a bank account"
By Graham Stephan | August 13, 2021 | Pending
From video
Why You Should STOP Saving Money - DO THIS NOW 00:03:30 - 00:03:38
Interpreted Prediction
With inflation at 3.5% and savings accounts earning 0.5%, individuals lose 3% of their money's value annually by keeping it in savings.

Prediction Details

Topic
Savings Accounts vs. Inflation

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