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Japan's debt-to-GDP ratio is 266%. Japan's inflation rate is below 1%. After the Napoleonic wars, Britain had a debt-to-GDP ratio over 200%, and didn't have s
by QuesnayJr 6y ago
Japan's debt-to-GDP ratio is 266%. Japan's inflation rate is below 1%. After the Napoleonic wars, Britain had a debt-to-GDP ratio over 200%, and didn't have serious inflation. There is no mechanical relationship between high debt and inflation. Countries generally only have hyperinflation when things have gone terribly wrong.