Oddbean new post about | logout
 Capitol gains during inflationary period is just highway robbery. 
 
> Taxpayers often realize 'gains' when converting the monetary metals back into Federal Reserve notes even though the 'gains' do not reflect an increase in real value but rather reflect the currency’s ongoing devaluation. 
https://www.moneymetals.com/news/2024/04/25/nebraska-ends-income-taxes-on-gold-and-silver-declares-cbdcs-are-not-lawful-money-003148