Thats why you borrow against it :)
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Themosthighstrange@lemmy.world 5 weeks agoa hundred dollar bill weighs a gram and is worth $100, a gram of gold is worth $145. However you’ll pay income tax on the gold profit when you sell to get your cash.
Calfpupa@lemmy.ml 5 weeks ago
peaceful_world_view@lemmy.world 5 weeks ago
Nah, I know a guy.
beepbeeplettuce@lemmy.dbzer0.com 5 weeks ago
To be fair, I don’t know exactly how we’re getting this cash, but chances are it’s also taxable. Maybe you could get away with it, but that’s a lot of millions to hide.