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by KetoManx64 5 days ago
You know what's a real waste of energy? The federal reserve increasing the money supply by 50% in the last half decade and inflated away the savings of hundreds of millions of people that spent tens of thousands of hours of their lives earning that money through blood, sweat and tears.
2 comments

Who is keeping significant savings as cash in a mattress? Anyone holding investment assets sees nominal asset prices increase along with inflation.

The thing that really screws them is that the government calls the nominal but not real asset price increase a capital gain and wants to collect tax on it.

I see no contradiction here.