Priced in, in what? Assets prices? That would make for, inst-ainflation, I guess...

In any case, the thing is that cannot be priced into the rates of loans, because the same factor that will contribute to a rising inflation (increasing the monetary mass faster than real economic productivity) makes the loans very cheap by definition.

I for sure would get into all the long term fixed low rate debt I can handle to acquire assets that I think will not depreciate as fast