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resters
49 days ago
Get ready for hyper-inflation. It's a good time to be a debtor!
1 comments
sph
49 days ago
> 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
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negura
48 days ago
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
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So you mean rich people, for whom loans are easy to get so inflation always works in their favour