3 ms·
> Anyone with debt gets a win when inflation is high, as it basically shrinks their debt. There should be a few caveats - the interest rate has to be fixed (th
by weatherlite 5y ago
> Anyone with debt gets a win when inflation is high, as it basically shrinks their debt.
There should be a few caveats - the interest rate has to be fixed (that's not always the case at all) and employment and wages need to go up as well (also not a given).