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> inflation benefits borrowers. Not if the price of living increases at a greater rate than the rate of return it doesn't. Which, as you would know, it is doi
by Frogolocalypse 9y ago
> inflation benefits borrowers.
Not if the price of living increases at a greater rate than the rate of return it doesn't. Which, as you would know, it is doing.
- princeb 9y agothat makes no sense. both borrowers and savers have to live, they both get hit by the cost of living. savers don't get to avoid eating and paying for healthcare just because they don't borrow.
- Frogolocalypse 9y agoYou've just explained why people want bitcoin.