News for hackers. Stuff that matters.

A comment on Say Hello to Full Employment. Parent comment

Re:Say Hello to Full Employment by polotics on Friday July 06, 2018 @02:41PM (#17474058)
You wrote deflation, but I think you meant inflation: with deflation the purchasing power of the $5000 borrowed would go up, not down.
[ Parent | on HN ]
Re:Say Hello to Full Employment by ChrisLomont on Friday July 06, 2018 @10:42PM (#17476635)
Correct - my mistake. The point is the same however - sovereign debt does not work like household debt, especially when the debt is denominated in a currency the sovereign controls, as is the case in the US.
[ Parent | on HN ]
Re:Say Hello to Full Employment by notarealaccount on Friday July 06, 2018 @03:34PM (#17474434)
Either word, this commenter, doesn't know too much about what they are commenting on.
[ Parent | on HN ]
Re:Say Hello to Full Employment by dang on Saturday July 07, 2018 @09:29PM (#17481687)
Maybe not, but please don't post unsubstantive comments here. And certainly not personal attacks, which this dips a toe into.

https://news.ycombinator.com/newsguidelines.html

[ Parent | on HN ]