News for hackers. Stuff that matters.

A comment on American Equity. Parent comment

Re:American Equity by koolba on Monday November 27, 2017 @02:42PM (#15790480)
Inflation is only a tax on wealth that is not invested. Literally cash under mattresses.

Investments in real estate, equities, commodities etc all increase in notional value to factor in the devalued currency.

[ Parent | on HN ]
Re:American Equity by WalterBright on Monday November 27, 2017 @04:18PM (#15791499)
And then it gets capital gains taxed when you sell it.
[ Parent | on HN ]