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Subscriber OnlyBusinessweekFear Inflation? Buy a CabData: Federal Housing Finance Agency, New York City Taxi and Limousine CommissionByIlan Kolet+FollowSeptember 22, 2011, 11:16 PM UTCThe price of a New York City taxi medallion is a better hedge against inflation than gold. Every cab requires a medallion, and the supply is strictly controlled. The current price is around $678,000.