> Inflation is a tax on wealth Part of wealth that's stored in cash or fixed-rat...

		lxm on March 21, 2018 \| parent \| context \| favorite \| on: Poland's economic experiment based on Thomas Piket... > Inflation is a tax on wealth Part of wealth that's stored in cash or fixed-rate debt instruments. Most other assets - real estate, equities, floating-rate debt instruments - adjust accordingly.