4 ms·
Printing money means inflation and inflation is bad for debt owners (unless the debt is in another currency) and indeed also for "matresses".
by cgrand-net 14y ago
Printing money means inflation and inflation is bad for debt owners (unless the debt is in another currency) and indeed also for "matresses".
- eli_gottlieb 14y agoBut inflation is good for debtors themselves, and debt-made money eventually requires some inflation to make the debt load maintainable.