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Inflation will: - Help absorb record-high PE ratios in the market - Allow people with heavy investments in equities to continue to prosper Will also: - Let
by RickJWagner 5y ago
Inflation will:
- Help absorb record-high PE ratios in the market
- Allow people with heavy investments in equities to continue to prosper
Will also:
- Let the government pay off massive debts with smaller dollars (later)
- Badly hurt the poor and especially those on fixed incomes
Personally, I don't like inflationary times.
- anonuser123456 5y agoIt may not help much to pay off debt. The government borrows a lot in short term markets. If rates go up to account for inflation, that rolling debt will get rolled into higher interest rate bonds.
- frankbreetz 5y agoPoor generally have a lot debt and with inflation debt gets smaller.