just how dangerous is cash?

[scaredyclassic]

if you read financial blogs, there is a lot of talk about how savers will be screwed, cash will be trash, etc. As the currently proud owner of a not empty bank account, it’s obviously a concern. I want the money there to bu ya house if an dwhen I am ever able to actually make a deal go through. But how likely or dangerous is it to hold on to savings in the form of US dollars? Are they just going to inflate away overnight? How exactly are savers going to get screwed? or is it still reasonably prudent to put money in the bank and save up for things? will there be some sort of warning when it is time to get rid of all my money or will it be worthless overnight?

[NicMM]

I don’t think USD will become worthless overnight. In long term, it is sure to devalue to me.

-NicMM

[NicMM]

I don’t think USD will become worthless overnight. In long term, it is sure to devalue to me.

-NicMM

[NicMM]

I don’t think USD will become worthless overnight. In long term, it is sure to devalue to me.

-NicMM

[NicMM]

I don’t think USD will become worthless overnight. In long term, it is sure to devalue to me.

-NicMM

[NicMM]

I don’t think USD will become worthless overnight. In long term, it is sure to devalue to me.

-NicMM

[patb]

we appear trapped in a liquidity trap.

the japanese got there in 91 with the asset bubble collapse

inflation occurs from a demand side phenomena or supply side shock.

we are deflating, energy is falling from $100/bbl
and demand is stagnant.

the market is not pricing inflation into bonds.

[patb]

we appear trapped in a liquidity trap.

the japanese got there in 91 with the asset bubble collapse

inflation occurs from a demand side phenomena or supply side shock.

we are deflating, energy is falling from $100/bbl
and demand is stagnant.

the market is not pricing inflation into bonds.

[patb]

we appear trapped in a liquidity trap.

the japanese got there in 91 with the asset bubble collapse

inflation occurs from a demand side phenomena or supply side shock.

we are deflating, energy is falling from $100/bbl
and demand is stagnant.

the market is not pricing inflation into bonds.

[patb]

we appear trapped in a liquidity trap.

the japanese got there in 91 with the asset bubble collapse

inflation occurs from a demand side phenomena or supply side shock.

we are deflating, energy is falling from $100/bbl
and demand is stagnant.

the market is not pricing inflation into bonds.

[patb]

we appear trapped in a liquidity trap.

the japanese got there in 91 with the asset bubble collapse

inflation occurs from a demand side phenomena or supply side shock.

we are deflating, energy is falling from $100/bbl
and demand is stagnant.

the market is not pricing inflation into bonds.

[scaredyclassic]

so is it reasonably safe to keep money in t he bank? doesn’t it seem like an odd moment in history if one can legitimately be concerned about the danger of having money in the bank? At least int he 70’s the bank paid you some interest, didn’t it?

[scaredyclassic]

so is it reasonably safe to keep money in t he bank? doesn’t it seem like an odd moment in history if one can legitimately be concerned about the danger of having money in the bank? At least int he 70’s the bank paid you some interest, didn’t it?

[scaredyclassic]

so is it reasonably safe to keep money in t he bank? doesn’t it seem like an odd moment in history if one can legitimately be concerned about the danger of having money in the bank? At least int he 70’s the bank paid you some interest, didn’t it?

[scaredyclassic]

so is it reasonably safe to keep money in t he bank? doesn’t it seem like an odd moment in history if one can legitimately be concerned about the danger of having money in the bank? At least int he 70’s the bank paid you some interest, didn’t it?

[Author]

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