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Inflation is actually really good for debt as it tends to erase it or make it cheaper to pay off in the future.
by mlindner 5y ago
Inflation is actually really good for debt as it tends to erase it or make it cheaper to pay off in the future.
- landemva 5y agoThis is why the poor, who don't have assets that get the inflation-induced debt destruction benefits, are harmed by price inflation. On a country level, political and monetary policies don't seem to actually benefit the poor.