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Inflation washes out debt as long as wages are rising with inflation. If they're not it's just crushing us all.
by causi 5y ago
Inflation washes out debt as long as wages are rising with inflation. If they're not it's just crushing us all.
- odonnellryan 5y agoNot true. Likely with high inflation the real return on your debt is positive. My mortgage returned +4.5% last year. That is a great investment!