It struck me a few years ago that in addition to the standard "your money is worth less" form of stealth tax that money printing brings about, there are a couple other more subtle tax increases as well.
1) IRS brackets are not indexed to inflation rate - they go up, but this is an effective direct tax increase on the lowest rungs of the income ladder 2) Capital gains basis is not indexed to inflation rate - If you sell after 20 years of holding, you probably pay double on the inflated cost basis in real terms.
Just some other saddening thoughts about how money printing screws everyone.
1) IRS brackets are not indexed to inflation rate - they go up, but this is an effective direct tax increase on the lowest rungs of the income ladder
2) Capital gains basis is not indexed to inflation rate - If you sell after 20 years of holding, you probably pay double on the inflated cost basis in real terms.
Just some other saddening thoughts about how money printing screws everyone.