I'm wondering about the fate of idle money. What becomes of it when it's not being actively used or invested? Where does it go and what are the consequences of leaving it unutilized?
5 answers
CryptoConqueror
Sun Nov 03 2024
The money is merely stored in a form that fails to generate growth.
PhoenixRising
Sun Nov 03 2024
Its value remains stagnant, offering no potential for appreciation.
Carlo
Sun Nov 03 2024
In the face of inflation, the purchasing power of this stationary cash diminishes.
Caterina
Sat Nov 02 2024
Consequently, the real-adjusted returns of idle cash can turn negative.
Andrea
Sat Nov 02 2024
This signifies that not only does the money fail to increase in value, it can actually decline in worth.