First of all a very personal story: as a child I found a cigar box full of money. Not just millions but billions ! With friends we rolled "cigarettes" out of it. That's how I puffed away billions as a child !
The current inflation rate is disturbingly high. Savings, already badly battered by the zero interest policy, are now melting like butter in the sun ! One must convert the values into numbers to understand what is going on. What was 100 000 euros a year ago, is now 90 000 ! 10 000 euros have dissolved into nothing !
Now the...