Viewing a single comment thread. View all comments

4192gym t1_j6h7jl6 wrote

Reply to comment by uski in Is prepaying your rent a smart idea? by MailsDavis

No. There is no currency devaluation. I do not live in a developing country.

The yield is 5.89%, and that is it. As noted before, this isn't the US.

This is also irrelevant to the topic so I won't be responding further.

Edit: the yield of cash is 5.89% here. The currency is not weak relative to major economies USA/EURO/YEN. Not sure why I got downvoted. Pissy about the higher cash yield?

−15

emelrad12 t1_j6heg6k wrote

Do you know that currencies can devalue in developed countries? Do you know what inflation is?

3