Correct.... Fiat currency is losing value.
$1.8/L unleaded petrol today & $0.7/L back in the 90s
That's the main reason why all billionaires & millionaires own properties & other hard assets throughout generations.
Anyone relying on paycheck to paycheck to pay rent & to satisfy his craving (alcohol, cigarettes, sportsbets, new sneakers, credit card spending habit, he's already doomed before going into retirement.
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