Re:U.S. annual inflation rate drops to 8.5%
by jollyllama on Thursday August 11, 2022 @10:32AM
(#32426255)
I'm not sure as to the specifics of this scenario, but as a general rule, the paying of debt is the destruction of money, because the debt now no longer exists on the balance sheet of the creditor. And I believe that's applicable here.
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