inflation - The War on Guns

Clarifying that the intent to “predominantly earn a profit” does not require the person to have received pecuniary gain… [More]

That’s something else government “monetary policy” makes difficult. The thought strikes that I (hypothetically, because I don’t admit to owning guns in a forum accessible to “law enforcement”) bought a 44 Magnum Ruger New Model Super Blackhawk off a guy from work back in 1978 for around $175 as I recall ( or would recall if this wasn’t hypothetical) and today that model used goes for around $600.

Seems like a tidy profit, no?

Hold the phone:

When using the core inflation measurement, $1 in 1978 is equivalent in buying power to $4.68 in 2023, a difference of $3.68.

The way I see it, I’d be taking a substantial loss.

I’m reminded of the strange case of former FBI Agent John Shipley (note internal links will need to be accessed through the Wayback Machine).

In the case of those feeding at the citizen disarmament trough, I’m reminded of Mark 8:36.

Related UPDATE

And yeah, one gun could trigger things…

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Tag: inflation

It Depends Upon What the Meaning of the Word ‘Profit’ Is