Name: The Truth About Money That Banks Never Want You To Know #shorts
Uploaded: 2021-07-22T19:35:07.000Z
Duration: 56 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

To-infinitive

Let me ask you a question, how much interest would you earn if you deposit your savings in the bank At first glance, it seems like at least a few percent for it to make any sense.

However, if you look at the numbers that's far from that, the top banks, such as the citibank for example, offer literally less than .5%.

There are banks that offer a higher rate, but there's still less than 1%, especially since interest rates are at the bottom now.

Your money grows by .5%, while inflation is 2.5%, the intrinsic value of your wealth is literally decreasing every single year.

You're far better off spending that money today than keeping it in the bank.

 The purchasing power of your money in a few years is going to be far less than it is now. 

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The Truth About Money That Banks Never Want You To Know #shorts

literally

sense

inflation

purchase