EdwardDiamondhands on Nostr: Very good point. Even if the value of your asset increases slower than the rate of ...

Very good point. Even if the value of your asset increases slower than the rate of inflation, you’re on the hook for CGT.

By “beat” inflation I meant hold anything that stores its value better than holding the currency itself.

They’re saying “if you don’t suffer the loss of purchasing power then you have made a ‘gain’ (in nominal terms…) and you owe us.”