Since the 1940's, the average yearly inflation has been 4.11%.
On top of that, let's be realistic. With the multi-trillion dollar bills being passed in the last year and tax credits being given out like candy, where do you think all that money will come from?
Oh yeah... the federal reserve. What's new?
DDT, please spare us the small minded chat of a checking/savings account be the only answer to places to put your money. CDs lock up your funds and with Blonde in Korea, I really don't find it wise for him to be locking up money for two years. He's not in a stable situation there. If he moves home, gets a permanent job or whatever, then we can talk about locking up money. In the meantime, why would you lock up $500 to have it turn into ~$525 in two years, when in reality, it will only be worth about $480. Use it while you can, Blonde.
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