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thatfrenchguy • today at 3:07 AM • 1 reply • view on HN

Debt is where inflation is awesome though, if you have 10% inflation and your wages raise 10%, your car loan and student loans become irrelevant quickly.


Replies

bottom999mottob • today at 3:20 AM

In theory yes, if the average person understood how to leverage debt on things like buying a mortgage 20 years ago.

In practice, most people will never escape the shackles of perpetual debt.