>> “As the dollar inflates in value, the value of most assets also rise to match it over time.” <<
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And all personal wealth is slowly taxed out of existence.
Inflation is the enemy of freedom and personal wealth.
If I own a business with $X million worth of assets, then there's not likely to be eroded by inflation over time. If anything, inflation works in my favor if the business finances its capital expenditures with long-term debt by effectively reducing the debt burden over time.