Sentences with phrase «destroyed by inflation»

They are effectively forced to rely exclusively on cash and as a result their savings are destroyed by inflation over time as they have no way to hedge themselves nor to have access to any financial services.

Not exact matches

The creators of Bitcoin and advocates of virtual currencies are fixated by the temptation of governments to print too much money and destroy its value through inflation.

Even if a recession doesn't destroy the value of your paper assets, the purchasing power of your nest egg can still be eaten up by inflation.

Here's why the idea of inflation destroying our income and retirement while we stand by helplessly is just not true.