Is there something I'm missing? At any given time an investor can be in cash, stocks or bonds.
If inflation rises, cash becomes less attractive since you are losing X% a year.
If inflation rises, bonds become less attractive because the real yield has decreased.
Stocks have consistently kept track with or beaten inflation, since they represent assets and operations whose values increase with inflation.
Submitted February 13, 2018 at 12:31PM by mikhael4440 http://ift.tt/2ChCtSu
