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by yergi 656 days ago
...and at the current admin's burn rate of almost 10% GDP deficit / year via printing of money, that 10K gonna be worth more like 5k at the present clip in 5 years. Honestly, reducing gov't spending by 50% to fit within the confines of the tax base simply isn't going to happen. So, with that in mind, that 5k (in future real terms) to move to a state with terrible rental laws for landlords (if that's the long term goal) just simply doesn't make any sense at all.
1 comments

There is no linear relationship between national debt and inflation. There is no possible way to conclude that because of any particular change in the deficit or debt that $1 today will be worth more or less in 5 years. You don't know, and neither does anybody else.