Graham Stephan: Inflation — no direction stated

The window it was checked over

Consumer price index (CPI): U.S. Bureau of Labor Statistics via FRED, figures as first published. The shaded span is the window the call was checked over; grey bands are recessions.

What was said around it

slightly higher and sometimes it's slightly lower so if we just go with their average of 2% inflation this means that if you keep a hundred dollars in cash let's say under a mattress or in a checking account in one year on average the purchasing power of this money for one year it's only gonna be worth about 98 dollars we can fold this back 98 bucks then the year after that another 2% inflation now it's only worth well there we go 96 dollars and that just means that you're losing a little bit of money every single day that goes by thanks to inflation until eventually down the line your $100 has the same purchasing power as $20 has today anyway point being in probably 99.999% of situations out there if you just keep your cash sitting around doing nothing chances are you lose money if you just keep your cash in a checking account chances are you're losing money if you keep it in a normal savings account chances are you're also losing money so anyway with that said these are the best four options for you to be able to avoid that awful money draining trap I'll start off with the lowest risk accounts first and then end with the highest yielding accounts to get the best returns possible while

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