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Yes, if you hide it under your bed, or have it in some investment vehicle which isn't itself tied to inflation.
by tasty_freeze 10y ago
Yes, if you hide it under your bed, or have it in some investment vehicle which isn't itself tied to inflation.
- WalterBright 10y agoIf it is tied to inflation, then it is taxed on the "income" it generates.
- slashcom 10y agoBut if you have it tied into an investment vehicle, then you're taking some risk and putting that wealth to use.
- dools 10y agoGovernment treasuries are a risk free asset: the government is never constrained in its ability to meet payments in USD.