NickGiambruno on Nostr: Savers face the daunting task of outpacing inflation AND the capital gains tax just ...
Savers face the daunting task of outpacing inflation AND the capital gains tax just to maintain their purchasing power.
That’s made saving an impossible task for many people.
Previously, people could simply save in money, which was either gold or a derivative of it.
There was no need for a dentist, a construction worker, or a taxi driver to also become a hedge fund manager to try to keep their heads above water.
Published at
2024-04-10 15:18:51Event JSON
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"content": "Savers face the daunting task of outpacing inflation AND the capital gains tax just to maintain their purchasing power.\n\nThat’s made saving an impossible task for many people.\n\nPreviously, people could simply save in money, which was either gold or a derivative of it.\n\nThere was no need for a dentist, a construction worker, or a taxi driver to also become a hedge fund manager to try to keep their heads above water.",
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