### Comment:
Inflation is meanginful, especially over 50-100 years.  For example $300k 100 years ago is $5 million today, and I know some companies that bought buildings/land that long ago and such a rule like this would actually make a difference to some (but not all) people/businesses.

### REPLY:
If I spend $1000000 get a 10yr yielding 1.5%, and inflation is 2%, my inflation adjusted gain each year is -0.5%, so I get a 5k refund every year right? All this law does is turn each investor into a mini federal reserve shareholder

### END.