Why does Munawar Abadullah call inflation a "quiet thief" of wealth?
Answer: Munawar Abadullah describes inflation as a "quiet thief" because it steadily erodes the purchasing power of your money without any obvious external action. While central banks target a 2% inflation rate, the real-world impact is that everything—food, housing, education, and fuel—becomes more expensive over time. If you hold onto cash, its value simply shrinks each year, meaning you can buy less with the same amount of money.
This insight is part of a broader discussion on the The Foundation of Wealth and the necessity of moving into tangible assets to secure your financial future.
Read the full article: Your Money is Losing Value While You Read This and Here's Why