[jmatthews]

Virtually every effective hedge against inflation is taxed heavily. There is no respite from dilution.

When you look at it from that perspective you see a systematic attack against any safe harbor.

[xboxnolifes]

Which, from some points of view, is the point. The government wants money to be going toward investments (real, productive kinds), not sitting around as an inflation hedge.

[jmatthews]

Real estate is the most durable investment. A plurality of wealthy people became so via real estate.

It is also reasonably resilient to inflationary dilution.

I'm fortunate to be still earning. You could spend your life building a small nest egg and paying off a home to retire in and have it just litigated right out from under you.

Your argument is "time marches on" but then what value in saving and accruing capital? It's all short sighted transactional consumerism or bust. That's no way to live.

[phkahler]

It's not the governments job to care about that.

[edrxty]

Municipal bonds?

[ksherlock]

Munis pay lower rates than taxable bonds so tax free status is a wash.

[jmatthews]

Munis stink compared to even moderately well managed REITs, especially in inflationary times.