Re:2020 had some significant silver linings
by QuesnayJr on Saturday December 26, 2020 @06:48AM
(#25542861)
Japan's debt-to-GDP ratio is 266%. Japan's inflation rate is below 1%. After the Napoleonic wars, Britain had a debt-to-GDP ratio over 200%, and didn't have serious inflation. There is no mechanical relationship between high debt and inflation. Countries generally only have hyperinflation when things have gone terribly wrong.
[ Parent
| on HN ]
There are no comments on this comment yet.