Money becomes a very poor store
money becomes a very poor stone of value in a period of
Answer Details
Money becomes a very poor store of value in a period of inflation.
Inflation refers to a general increase in the prices of goods and services in an economy over time. When inflation occurs, the purchasing power of money decreases, meaning that the same amount of money can buy fewer goods and services than before. This is because the value of money is eroded by the rising prices.
As a result, during inflation, money becomes a poor store of value because its real value decreases over time. If you save money during a period of inflation, you will be able to buy fewer goods and services in the future with the same amount of money. This is why people tend to invest their money in assets that can keep up with or outpace inflation, such as real estate, stocks, or gold.