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Not always. My grandparents were poor, but lived within their small means. I remember them telling me how horrible it was to live through the 1970s inflation th
by azinman2 6y ago
Not always. My grandparents were poor, but lived within their small means. I remember them telling me how horrible it was to live through the 1970s inflation that decimated the small amount of savings that they had.
But like I said about the no universally good or bad, inflation is good for effectively reducing debt.