Re:The U.S. Yield Curve Has Inverted
by hueving on Monday December 03, 2018 @07:39PM
(#18594725)
>which will result in exponentially rising debt and inflation as the government prints money.
This analysis is missing something because inflation is a good thing for country debt denominated in it's own currency. Inflating away the outstanding debt is one of the ways to deal with outstanding debt.
If you get a hot economy that results in both high tax receipts and higher levels of inflation (not hyperinflation), outstanding debt can be worn down pretty quickly.
This analysis is missing something because inflation is a good thing for country debt denominated in it's own currency. Inflating away the outstanding debt is one of the ways to deal with outstanding debt.
If you get a hot economy that results in both high tax receipts and higher levels of inflation (not hyperinflation), outstanding debt can be worn down pretty quickly.