ilmscore | Inflation's Impact on Cash Predictions
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Accuracy

Recent Predictions

Total: 2
Correct: 0
Incorrect: 0
Pending: 2
Unrated: 0
Prediction
Author
Predicted at
Status
Video
It will take approximately $6.9 million today to purchase the same amount of goods that $1 million could buy in 1973, indicating a significant drop in the purchasing power of cash due to inflation.
"you would need almost 7 million today you need about $6.9 million today to buy what $1 million could..."
Oct 19, 2023
Pending
Holding cash outside of the stock market will result in a long-term loss of purchasing power due to inflation.
"you are guaranteed to lose money long term by staying out of the markets thanks to inflation"
Nov 1, 2021
Pending