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> This confusion springs from the idea that inflation is a pro-debtor policy. we have made debt slightly less awful to be in, at the cost of making the entire
by MarkPNeyer 12y ago
> This confusion springs from the idea that inflation is a pro-debtor policy.
we have made debt slightly less awful to be in, at the cost of making the entire world run on debt, and putting as many people into debt as possible.
a situation where everyone had all their needs met and didn't need to spend any money would cause the world to come falling apart at the seams. ridiculous.