Does rapid inflation make holding a large amount of money a wise decision?

Question

Quizplus · Accepted Answer

Rapid inflation often leads to a decrease in the value of money, meaning that the purchasing power of the money decreases over time. Therefore, holding a large amount of money during inflation is not a wise choice because the opportunity cost of holding liquid assets is high. This means that the money you hold could have been invested in assets that yield higher returns, such as stocks or bonds, which can help offset the effects of inflation.

Does Rapid Inflation Make Holding a Large Amount of Money