• FlexibleToast@lemmy.world
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      4 days ago

      cash stored in a bank or pretty much anywhere else increases in value

      You quite literally said cash being hoarded increases in value.

      • ryannathans@aussie.zone
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        4 days ago

        I literally said cash stored in a bank or pretty much anywhere else increases in value

        Do you store your cash in a jar under your bed? That’s pretty much the only place it doesn’t accrue interest

        • FlexibleToast@lemmy.world
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          4 days ago

          A bank will give you a laughably low interest that will not keep up with inflation. Rich people are not doing that. It’s okay to just say, thanks for the correction, and then move on with your life. You don’t have to get defensive for no reason.