It's not the same, as the evidence I just posted proves. That you don't care to learn it is telling. The string evidence that things were worse is what led every country to switch to central banking.
Or are you that much smarter than every economist and banker on the planet? Maybe you should post a paper with your evidence. Overturning over a century of data across hundreds of countries would make you famous.
>Only if you are getting pay raises. We know the workers return on productivity has stagnated since 1970
First, the "only if you are getting pay raises" is false. It would depend on the loan and wage.
Also, your two claims do not even make logical sense. Either they got pay raises or incomes did not remain flat. (Hint: they got pay raises, AND they got increases in total remuneration, which includes things besides wages. And yes, wages are flat, but remuneration and total cost to employ (both data series the BLS tracks which you can check yourself) have increased).
Want proof of all this? It took me one google of "do wages match inflation over time", and this [1] from the first page provides historical graphs showing exactly what I claimed.
So yes, people did get raises to match inflation (which is trivially checkable), their effective loan payments did decrease.
Please at least put in some effort to check the numerical evidence before you post more stuff you just pull from god knows where.
>Lowering the cost to borrow by volume mostly helps finance: big corporate bonds, and financial instruments like shorts and options
You apparently have no idea the difference between cost to borrow and inflation. The cost to borrow is the interest rate - no one knows future inflation well enough to make a loan with such wizardry. Higher than expected inflation simply helps borrowers and costs lenders. Inflation the other direction works in the opposite direction.
But cost to borrow and inflation are completely different things.
Since you're just making stuff up, please provide decent sources (not opinion blogs - decent polling or data places are good) for any further claims. You're too untrustworthy for me to waste more time on.
[1] https://www.pewresearch.org/fact-tank/2018/08/07/for-most-us...
> Oh, and by the way, inflation helps nearly anyone with debt such a college loans, car loans, or mortgages, because it lowers effective payments
Only if you are getting pay raises. We know the workers return on productivity has stagnated since 1970. Why do you love stealing from the poor?
Lowering the cost to borrow by volume mostly helps finance: big corporate bonds, and financial instruments like shorts and options.
Think about that for a bit.