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A comment on Federal Reserve raises rates by 0.75%. Parent comment
It also myopically focuses on household debt. But household debt is significantly lower than either corporate debt or government debt [1].
The biggest debtors benefit the most from inflation — quantitatively speaking, the debts of ordinary people aren’t very big.
[1]: https://www.mckinsey.com/~/media/McKinsey/Industries/Financi...
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It also myopically focuses on household debt. But household debt is significantly lower than either corporate debt or government debt [1].
The biggest debtors benefit the most from inflation — quantitatively speaking, the debts of ordinary people aren’t very big.
[1]: https://www.mckinsey.com/~/media/McKinsey/Industries/Financi...