4 ms·
> It's a good time to be a debtor So you mean rich people, for whom loans are easy to get so inflation always works in their favour
by sph 6mo ago
> It's a good time to be a debtor
So you mean rich people, for whom loans are easy to get so inflation always works in their favour
- negura 6mo agoit can also mean governments. their loans also benefit from inflation that is higher than interest rates. this is how us & uk got rid of their debt after WW2. it's a way to steal money slowly from bond investors