One graph is worth a thousand words..
US national debt
Pension funds in the Czech Republic after accounting for inflation vs Gold
Transformed pension funds - from (non)evaluation in 10 years from 2013 to 2022
- appreciation excluding inflation reaches an annual average of +1.03 %
- the total appreciation excluding inflation is an average of +10.81 % over 10 years
- the total real return after accounting for inflation is -20.63% on average over the last 10 years
This means that each participant lost an average of CZK 206,300 from every million Korunas over the last 10 years..
The impact of inflation on the Czech Koruna, pension fund returns and the value of gold over the last 10 years::
- Czech Koruna - 27,67% loss i value (as of September 2023 loss -36,26%)
- Pension funds
- Transformed - 20,47% loss in value (2023 data not yet available)
- Participating - 14,32% loss in value (2023 data not yet available)
- Gold - increase in value by 54,63% (by October 2023 increase by 71,06%)