[rllearneratwork]

"risk-free rates of return" - typically means "losing value via inflation"

[snowwrestler]

No it means keeping up with inflation but not substantially beating it.

[1123581321]

The other user is right. In a low interest rate environment it’s well possible for risk-free to underperform inflation. You can see this in the current short-term US treasury rates. This is one of the reasons so much money is piling into riskier assets.

[snowwrestler]

I assure you that major corporations understand this and pursue an investing strategy to at least keep up with inflation.