|
|
| Re: Is it time NYCT consider peak/off peak fare structure? (1320977) | |||
 |
|||
| Home > SubChat | |||
|
[ Read Responses | Post a New Response | Return to the Index ] |
|
||
|
Re: Is it time NYCT consider peak/off peak fare structure? |
|
|
Posted by Nilet on Mon Oct 27 00:22:55 2014, in response to Re: Is it time NYCT consider peak/off peak fare structure?, posted by Broadway Lion on Sun Oct 26 20:59:59 2014. I bought it at market value. If I hold it for fifteen years and sell it, what then. It is sold at market value.Yes, but the market value fluctuates wildly— after 15 years, it could be worth a tenth of what you paid for it, or it could be worth ten times what you paid for it or anything in between. If you bought it for $1,000 and sold it for $5,000 then you have made $4,000 profit and you are obliged to pay taxes on that. Just because YOU cannot keep YOU currency stable, how is that my problem. Um, actually the dollar is a lot more stable than gold. Gold is a commodity subject to the unpredictable forces of supply and demand. Dollars exist solely to represent stored value, and so there are controls to keep their value relatively stable. |
|
|
|