BREAKING: #Turkey lands first place for wealth growth in global ranking despite soaring inflation.
For Turks who own assets, prosperity has increased sharply; wage earners pay for it. Printing money benefits a few at the expense of everyone else.
For Turks who own assets, prosperity has increased sharply; wage earners pay for it. Printing money benefits a few at the expense of everyone else.
yeah i met someone who said their stocks were 45% APR
I have a serious question about how they measure this “wealth growth.”
Sounds very much like Keynesian nonsense of getting something for nothing. Asset “growth”
under bad inflation is a net loss. I’m betting this statistic is garbage.
Sounds very much like Keynesian nonsense of getting something for nothing. Asset “growth”
under bad inflation is a net loss. I’m betting this statistic is garbage.
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That's the appeal of capital gains taxes to govt. Need some more taxes? Get the money printer rolling and have the double win of some capital gains taxes on artificial gains that aren't adjusted for inflation!
