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It’s also a way to take cash “off the books” and make it disappear.
There’s no bank or brokerage reporting possession of the volleyball to the govt.
There’s no risk that “unrealized gains” on the ball can be taxed down the road.
It’s also a way to convert cash (like actual cash bills) into an asset with no reporting.
As inflation continues to kill the dollar (at the rate now of close to 1% per month), there’s a very good chance this turns out to be a savvy financial move.
It’s not bought by some idiot who was just a big fan of the movie, lol.
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