How would Uncle Sugar determine the amount of hard assets one possesses?
You can hold stuff forever and nobody knows, but if you try to sell your hard assets back into the market, it gets recorded.
” How would Uncle Sugar determine the amount of hard assets one possesses?”
Hmm..
Door to door searches.
Hefty or percentage-based rewards to informants.
Aggressive penalties applied to family members and neighbors.
When the German socialists (Nazis) passed laws against hoarding, they acted on tips alone. A house was torn apart until something was found while the occupants were held under guard out in the street. When contraband (sugar, perhaps) was found, the guilty were killed and left in the street as a warning to others.
Of course, that could never happen here. :/