Can you show us your notes? I think you're right. I want to be able to prove it to the next person.
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It was a discussion but basically we realised that over a lifetime; income taxes eat half your income, spending shaves off another chunk through hidden taxes, and inflation quietly destroys whatever is left, unless you own scarce, taxed-to-death assets which you likely can’t afford. Inflation is the killer because it goes unnoticed by most.
Yeah. Its obscene.