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Next time someone says, “The DOllaR HaS LOst 98% of its value SIncE 1914!!?” ask them:
1. Who’s been alive since 1914, exactly?
2. Why would anyone just sit on cash for over a century instead of investing it?
3 mon tbills returned about 3.3% CAGR from 1928–2023. That means $1 would have turned into over $24 WITHOUT touching stocks
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