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If inflation is higher than the interest rate, you make money by taking out debt. Its a similar concept to how if you're wealthy enough you can issue margin ind
by hashmap 4y ago
If inflation is higher than the interest rate, you make money by taking out debt. Its a similar concept to how if you're wealthy enough you can issue margin indefinitely and you pay the interest with more margin, so you never actually pay it back or have to pay taxes. You can just do it forever and it never gets you in trouble.