3 ms·
Theoretically, that'll make the debt easier to pay, given enough time. However, there are levels of debt-to-income that prevent the borrower from getting that
by gorjusborg 3y ago
Theoretically, that'll make the debt easier to pay, given enough time.
However, there are levels of debt-to-income that prevent the borrower from getting that time (insolvency exists).
I am hoping policy-makers have a more sophisticated approach than 'money printers go brrr'. Economies like price stability. Deflation and inflation can be destructive in the extreme.