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A comment on US Series I Savings Bonds Now Yielding 7.12%. Parent comment

Re:US Series I Savings Bonds Now Yielding 7.12% by ForHackernews on Monday November 01, 2021 @02:28PM (#29070845)
Poor people are debtors: Inflation is a huge positive for them! If I owe $10,000 of credit card debt at a nominal 25% APR, I am praying for that hyperinflation to kick in soon.
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Re:US Series I Savings Bonds Now Yielding 7.12% by mc32 on Monday November 01, 2021 @03:01PM (#29071329)
The cost of borrowing goes up with inflation.

It’s like has prices. They go up before the new delivery is in the grind tanks, but goes back down way after the expensive gas in the ground was all sold.

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