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Author Topic: $6,000,000,000,000 of helicopter money is coming  (Read 802 times)
Vishnu.Reang
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September 26, 2021, 12:01:16 PM
 #61

Excess money goes in to new investment options.

I see no problem in inflation.

You probably don't have any savings. For those with savings, inflation is a big problem. Because whatever we get in the form of returns, a sizable chunk is taken away by the state in the form of capital gains tax. That means that after inflation is taken in to account, the net wealth actually decreases on a YoY basis. And the biggest joke is that now the governments want to make capital gains tax on par with income tax. That is going to be just ridiculous. For my part, I am planning to purchase more gold ETFs and coins, along with cryptocurrency.
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