Is it fair to tax capital gains that result merely from inflation?

I'm sure they are suffering from inflation like the rest of us.

As a result the currency suffered from high inflation throughout the 1990s and 2000s.

During that time, they need income to cover expenses and protection from inflation.

By 1990, the inti had itself suffered from high inflation.

So they need income to cover expenses and protection from inflation.

Both offer a way to hedge against the erosion of principal from inflation.

In strict economic terms, most people probably are not suffering much from inflation.

There is a lot about contemporary Russia, suffering from inflation, crime and corruption.

Many wage earners were indeed better off than ever before, and after 1922 the economy was free from inflation.