If your money is in cash, you'll have to wait 19 years for the nominal value of your account to double, assuming the cash earns the historical 3.7 percent annual return.

如果你的钱是现金，假设现金每年的历史回报率为3.7%，那你必须等待19年才能将你账户的名义资产翻倍。

youdao

One has to do the mental math: nominal return minus inflation is real return.

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This is why I prefer to show expected market returns on an inflation-adjusted (real return) forecasts as well as nominal return expectations.

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This risk-averse habit is a legacy of the post-bubble deflation years, when the zero nominal return on cash looked pretty good compared with the alternatives.

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