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I don't think it's as easy as people think to inflate away debts, because you have to do it without incentivizing debt growth at the same time. Maintaining high
by jbay808 5y ago
I don't think it's as easy as people think to inflate away debts, because you have to do it without incentivizing debt growth at the same time. Maintaining high inflation and low interest rates strongly incentivizes new debt creation, so the debt burden doesn't decrease.