In periods of rapid inflation, most people will seek to put as much money into savings as possible.

Question

Quizplus · Accepted Answer

In periods of rapid inflation, the value of money decreases quickly. This means that holding onto cash in savings accounts or other low-interest investments actually loses value over time. Instead, people may seek to invest in assets that have the potential to appreciate in value, such as stocks, real estate, or commodities. Or, they may use their money to pay off debts or make purchases before prices increase even further.

In Periods of Rapid Inflation, Most People Will Seek to Put