But inflation subsided, and in 1997 the nominal capital gains exaction was cut from 28% to 20%, and cut again in 2003 to 15%.

FORBES: Magazine Article

Further, the depreciation of capital is more lucrative the higher the nominal rate.

FORBES: Connect

Not only does the sagging, unstable dollar create the nominal illusion of bank health, that the dollar remains historically weak means that limited capital necessary to fund company and job creation is still locked up in the houses on which dead-banks walking teeter.

FORBES: A Monetary Policy For the Tea Party Movement