Originally Posted by
panpanpan
So either the fed talks about tapering tomorrow and the market tanks or they stick to the playbook it is time to go big on the inflation trade…
Load up on long term fixed rate debt backed by income producing assets and ride the inflation wave.
One a related note, what do you think about an inflation based adjustment to the basis of assets before applying long term capital gains tax. A $100 dollar asset will rise to $120 over a few years due to inflation. You pay tax on the $20 gain even though you didn't actually make any real money.