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A comment on Yale’s 367-year-old water bond still pays interest (2015). Parent comment

Re:Yale’s 367-year-old water bond still pays interest (2015) by ww520 on Wednesday March 24, 2021 @12:21AM (#26563569)
In other words, inflation wipes out debt. No wonder all governments issuing debt like crazy.
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Re:Yale’s 367-year-old water bond still pays interest (2015) by moonchild on Wednesday March 24, 2021 @01:35AM (#26563954)
No, because interest on debt compounds and the rates are frequently higher than inflation.
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Re:Yale’s 367-year-old water bond still pays interest (2015) by LeCow on Wednesday March 24, 2021 @03:10AM (#26564351)
Lol what.

I haven't been able to buy government bonds/gilts with an coupon rate hire than inflation for years.

At least my equities return when everyone deflates the value of money.

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