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by svachalek 2091 days ago
What does private debt have to do with Fed policy?
1 comments
throwaway0a5e 2091 days ago
Higher inflation reduces debt over time. You take on a mortgage and 10yr later paying it is cake because the debt doesn't track inflation whereas your pay does.
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Jarwain 2091 days ago
That's only true if inflation is higher than the interest on your debt though, right?
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