Latest / Inflation and Your Money with Fexingo: Protecting Purchasing Power and Beating Inflation
How Inflation Is Quietly Eating Your Digital Wallet Balance
If you've got money sitting in Venmo, PayPal, or Cash App, it's likely earning zero percent—meaning inflation is quietly eroding its purchasing power. In this episode, Lucas and Luna break down exactly how much you lose with current CPI at 332.6 and a 10-year breakeven inflation rate of 2.26 percent. They discuss why digital wallets haven't kept up with the Fed funds rate of 3.63 percent, and what you can do—like moving idle balances to high-yield savings or money market funds—to stop the leak. A practical, numbers-driven look at a hidden cost of payment app convenience…
The skinny
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