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Re:U.S. October PPI Rises 6.5% YoY, Highest in Nearly Four Y... by bobthepanda on Friday November 13, 2026 @11:58AM (#50486315)
There are two ways out of debt, you either pay it down or you inflate away the value of old debt. It seems like we are hurtling towards 2.
Re:U.S. October PPI Rises 6.5% YoY, Highest in Nearly Four Y... by ericd on Friday November 13, 2026 @12:04PM (#50486393)
[delayed]
Re:U.S. October PPI Rises 6.5% YoY, Highest in Nearly Four Y... by zug_zug on Friday November 13, 2026 @12:09PM (#50486466)
The thing is that "inflating it away" isn't a serious long-term proposal. Suppose we were do something drastic, like target 6% intentional inflation, obviously nobody would buy bonds at 6% anymore, they'd demand at minimum 12% (because they'd lose 6% of it due to inflation). The spiral runs away, there's no secret cheat to a free lunch.
Re:U.S. October PPI Rises 6.5% YoY, Highest in Nearly Four Y... by rawgabbit on Friday November 13, 2026 @04:24PM (#50489946)
[delayed]
Re:U.S. October PPI Rises 6.5% YoY, Highest in Nearly Four Y... by throw-the-towel on Friday November 13, 2026 @12:09PM (#50486472)
But there's also new debt being taken out, at inflated price levels.
Re:U.S. October PPI Rises 6.5% YoY, Highest in Nearly Four Y... by lossolo on Friday November 13, 2026 @01:05PM (#50487328)
Don't worry, at least every American will be a millionaire now. American dream.