XPost: nf.general 
 From: shall1@canada.com 
  
 Andrew  wrote: 
  
 >Exactly.  You are right.....and none of this that you've said about 
 >inflation has anything to do with your personal bank account. You 
 >seemingly suggested originally that you lose more money through 
 >inflation than you do by keeping your money at home.  Thats just absurd. 
 >You are losing money to inflation regardless, it has nothing to do with 
 >interest accrued at your bank. 
  
 What he's saying is, the small amount of interest the bank pays you is 
 not even enough to cover inflation, thus there is a NET loss.  There 
 is also a (slightly larger) net loss putting your money in a sock and 
 (hopefully) a net gain in some other sort of investment, but he wasn't 
 comparing one type of investment to another, only stating that 
 saving/checking account will have a guaranteed net loss.  Net loss (or 
 gain) is the total gains (interest, dividends, etc) minus total losses 
 (inflation, fees, etc) 
  
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