How is rhe wealth transfer a function of inflation?

If my assets grow 7% per year and inflation is only 2%, that's true growth. I pass those on to my kids tax free and you're telling me that isn't improving their standard of living and growing their wealth?

In response to this post by ModerateHokie

Posted: 11/16/2017 at 07:19AM

1 in 20 Americans are millionaires, but here's the flip-side. -- HWA 11/15/2017 4:33PM

I wonder how many Americans over 60 are millionaires. -- YBYSAIAHokie 11/15/2017 8:41PM

Here.... ** -- VTUD 11/16/2017 11:57AM

There.... ** -- YBYSAIAHokie 11/16/2017 2:53PM

If you start saving when you are 20, it is kinda hard to NOT be a -- Tafkam Hokie 11/15/2017 9:30PM

A lot because per thecreport a lot of the wealth reported is tied -- 133743Hokie 11/15/2017 9:17PM

The true definition should be,and is by -- VTUD 11/16/2017 12:01PM

For somebody my age (36), a million isn't going to be enough to retire -- typed by ben 11/16/2017 06:31AM

A million is more than enough, but it really depends on lifestyle -- HWA 11/16/2017 09:19AM

I just don't see it. End-of-life care is extremely expensive NOW -- typed by ben 11/16/2017 12:08PM

Not to get too UWS, but I'd argue some end-of-life care = lifestyle choice -- HWA 11/16/2017 12:28PM

Reminds me of the line from Con Air -- HWA 11/16/2017 12:31PM

Certainly true. Even assuming no extraordinary measures are taken -- typed by ben 11/16/2017 8:49PM

If you relocate overseas, you won't have Medicare, correct? ** -- Hokie360 11/16/2017 11:24AM

Just re-locate to country with "free" healthcare, problem solved. ** -- HWA 11/16/2017 11:32AM

No surprise. Irresponsible Baby Boomers (the Worst Generation) -- ModerateHokie 11/15/2017 8:38PM

Compared to millennials by 895k homes... -- banishedtothelounge 11/16/2017 08:43AM

Millennials and Boomers both suck. Us X'ers are getting holding this place -- ModerateHokie 11/16/2017 8:26PM

Utter, complete BS. -- 133743Hokie 11/15/2017 9:14PM

If the government doesn't screw up the economy first. -- YBYSAIAHokie 11/15/2017 9:41PM

First time in over 8 years we've had 3% growth in the economy. -- HokieHeartNSoul 11/15/2017 10:06PM

I don't trust the government to get anything right -- YBYSAIAHokie 11/15/2017 10:31PM

Well, if the shoe fits--no matter who's in charge. ** -- HokieHeartNSoul 11/16/2017 08:42AM

Way too defensive. And the wealth transfer is a sheer function of inflation ** -- ModerateHokie 11/15/2017 9:36PM

How is rhe wealth transfer a function of inflation? -- 133743Hokie 11/16/2017 07:19AM

Defensive?!?? Your post offended to the nth degree ** -- VaAkita 11/15/2017 9:49PM

Many RV'ers here for winter months -- daisyWV 11/15/2017 5:29PM

Are you friends with Jesco White the Dancing Outlaw? ** -- TexasGobbler 11/15/2017 6:19PM

I know 1 couple in WV that lives in their RV in Parkersburg -- grill to chill 11/15/2017 4:42PM

HokieDan95 & I shared a rig for a spell down in the holler... -- daisyWV 11/15/2017 5:30PM

I follow an older YouTuber who lives in a van by choice -- hokeyhokie 11/15/2017 4:46PM

And Will lives in a van down by the river or so I heard..... ** -- aint2Hokie4me 11/15/2017 4:53PM

Dang. Will = squatter in our old van down by the river* ** -- daisyWV 11/16/2017 09:05AM

Steady diet of government cheese ** -- HokieDan95 11/15/2017 6:36PM

Yeah, but he fixed it up right nice. -- YardBird 11/15/2017 5:13PM

How is rhe wealth transfer a function of inflation?

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