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Inflation is only a wealth tax if you invest in cash. If you invest in stocks, real estate, and sometimes other things (gold, bonds, art) then your wealth grow
by AnimalMuppet 6mo ago
Inflation is only a wealth tax if you invest in cash. If you invest in stocks, real estate, and sometimes other things (gold, bonds, art) then your wealth grows faster than inflation.
- thunky 6mo ago> If you invest in stocks, real estate, and sometimes other things (gold, bonds, art) then your wealth grows faster than inflation Aka put your wealth at risk or watch it disappear. And the larger point is that runaway govt spending makes it disappear faster.