4 ms·
2% inflation isn't going to inflate away the debt any time soon. It's basically as close to zero as can be realized without going under.
by pjc50 24d ago
2% inflation isn't going to inflate away the debt any time soon. It's basically as close to zero as can be realized without going under.
- grey-area 23d agoIt is not in fact close to zero, it is significant inflation, particularly as they tend to float over the target (3-4%). At 2% over just 25 years money loses 60% of its value. That is not insignificant, and of course with higher rates it loses value quicker.