The gov't needs to be disabused of the notion of taxing people on numerical gains due to inflation, especially for assets held for decades.
It's past time to get those bozos straightened out.
Couldn’t agree with you more! It is outrageous that government deliberately inflates the currency, destroys out lifetime savings, then, adding insult to injury, charges us for the inflation THEY caused. That injustice really makes me angry.
It’ll all be moot when inflation hits 30% or 40% per year (or worse). Then all of our wealth will be transferred to the great unwashed masses.