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Anyone who borrows money is better off in an inflationary environment because your loans are denominated in the dollars over the year of issue, but you repay th
by arcticbull 5y ago
Anyone who borrows money is better off in an inflationary environment because your loans are denominated in the dollars over the year of issue, but you repay them in inflated dollars.
This means anyone with a mortgage, a credit card, or any other kind of loan debt.