The existence of inflation and other possible uncertainties reduces the usefulness of money as a store of value.

Question

Quizplus · Accepted Answer

Inflation reduces the value of money over time, making it less valuable as a store of value. Other uncertainties, such as fluctuating market conditions, also make it less reliable for long-term storage of wealth. Therefore, the existence of inflation and other uncertainties indeed reduces the usefulness of money as a store of value.

The Existence of Inflation and Other Possible Uncertainties Reduces the Usefulness