FWIW inflation is great for existing debt holders - you get to pay back that $1 you borrowed with $0.93 worth of inflation adjusted earning. If this keeps up fo

FWIW inflation is great for existing debt holders - you get to pay back that $1 you borrowed with $0.93 worth of inflation adjusted earning. If this keeps up for 5 years your effective debt burden drops 30% This all assumes earnings rise with inflation, which does seem to sort of be happening.