Submitted by [deleted] t3_z8ui4o in personalfinance
No_Tension_280 t1_iyde9ti wrote
Would seeing a spreadsheet that shows his dollar amount with a negative 8 percent interest rate (inflation) and what it does over time (compounding). Help?
a_latex_mitten t1_iydfakq wrote
I tried to explain inflation and how it's "eating" away at his money, but he stopped me. I can try to illustrate it but not sure how much that would stick. Dudes never used a computer before so I don't think he would value an illustration...
[deleted] OP t1_iydgnb7 wrote
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