Cash, savings account, government bonds and low interest-bearing time deposit account are not exactly good storage of value. In fact, these instruments are a sure way of losing your monetary or purchasing power over time. Inflation in essence is the cause — pure economists will relate it to the interaction of demand and supply factors in the economy to form what we know as price. Every single one of us are affected by inflation, and first hand experience as a consumer. Why my daily coffee has risen 20 cents? A bowl of noodles now is 30 cents more expensive as compared to last year! And many more examples. Any idea of the annual inflation rate in Singapore? 2%? 3%? For the past 5 years, annual inflation rate had been at 0.44% (2018), 0.58% (2017), -0.53% (2016), – 0.52% (2016) and 1.03% (2014). Surprised? Some would spend 5...