Most people have money to buy a house or deposit banks, but there are such people in the society that have money and do not consume banks.Intersection
I personally think this is not a wise choice.
First, banknotes will depreciate. According to the published data, the growth rate of Chinas GDP in 2023 was 5.20%, and the growth rate of Chinese broad currency (M2) in China at the end of 2023 9.70%.The growth rate of M2 is much higher than the growth rate of GDP.
M2 growth rate is equivalent to the currency growth rate in the market, that is, the speed of printing money.GDP growth is equivalent to creating wealth.If the growth rate of money printing is significantly higher than the growth rate of wealth, inflation will definitely occur.Through the above calculation, the broad inflation rate in 2023 should be about 4.5%.
In other words, putting cash at home not only has no interest, but also depreciates day by day.You can buy 10 10 yuan a year ago. You can only buy 8 now. This is the currency depreciation.
Second, it is not safe to put the banknotes at home. Unsafe is many aspects, such as stealing, such as fires.In addition, it is easy to miss money at home. For example, you forget where you put the money where you put the money. You want to calculate how much deposit you have, and you need to spend a lot of time cost when you earn it. It is not worth it.
Third, now it is mobile payment, cash payment is too troublesome. The new version of the banknotes will have a new version every time. If you have the time to exist at home for too long, you may refuse to accept it because the merchant cannot recognize it. You can only go to the bank to exchange.Its too troublesome.
PersonDeclars depreciation.
