Not true at all. Many people keep cash in the bank because they feel uncomfortable about investing. Apple has the biggest reserve of cash in the world among public companies.

People don't understand inflation, they still think $100 is $100. Now, we are at 20% real inflation rates in the US (not the watered-down version of CPI)

You have been brought up by a fiat system and have become unable to see its flaws. I’ve been there. Keep learning about how fiat works and you’ll be unpleasantly surprised.