1776 on Nostr: Ok, so let me get this straight. If I liquidate an asset, that I have used to store ...
Ok, so let me get this straight. If I liquidate an asset, that I have used to store my life energy in place of a rapidly devaluing dollar, and that asset, that has gone up in value almost purely through increasing the size of the numerator ie the money supply, and I make a gain in nominal terms over the year, the tax authority is going to saddle me with a 20-30% tax liability on this fake gain? Fuck that.
Published at
2026-10-04 19:05:47 UTCEvent JSON
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"content": "Ok, so let me get this straight. If I liquidate an asset, that I have used to store my life energy in place of a rapidly devaluing dollar, and that asset, that has gone up in value almost purely through increasing the size of the numerator ie the money supply, and I make a gain in nominal terms over the year, the tax authority is going to saddle me with a 20-30% tax liability on this fake gain? Fuck that. ",
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