PayPal money market vs Inflation

[Train]

If PayPal money market pays 1.03% (Linky)
and inflation is currently 1.69% (Linky)

does this mean im actually losing money by using PayPal's money market?

 

[ElFenix]

Originally posted by: Train
If PayPal money market pays 1.03% (Linky)
and inflation is currently 1.69% (Linky)

does this mean im actually losing money by using PayPal's money market?

yes

 

[DaveSimmons]

Yes, but less than you'd lose keeping the funds in a checking account. To make money sign up at www.INGDirect.com since they pay 2%.