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by resters 49 days ago
Get ready for hyper-inflation. It's a good time to be a debtor!
1 comments

> 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

it 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