I learned something
Didn't expect that. It never occurred to me that inflation could be good if you owed money.
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evil_andy Stick stick stick stick sticky sticky stick stick, Tue 15 Feb 2011, 15:47,
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That was the bit I kind of questioned...
...because although it would be good for your debt, it would still make your salary worth less, in terms of how much you could buy.
Inflation always buggers the least well paid most, as their mass-agreed salaries don't "catch up" fast enough, as opposed to those in suits who can normally go and knock on the big cheeses' doors and ask for more...
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prince-igor si tacuisses, philosophus mansisses, Tue 15 Feb 2011, 16:00,
Reply)