• Ghostalmedia
    link
    English
    22 months ago

    Agreed. I’m talking about deflation though. The debts you acquire balloon in size, even without interest, during deflation.

    • @[email protected]
      link
      fedilink
      English
      02 months ago

      I don’t think we do agree. As you can see in the chart, our debts have been ballooning under inflation.

      • drphungky
        link
        English
        22 months ago

        That’s total debt, he’s talking about individual debt. Deflation is bad. This is not really up for debate. 2% inflation is a fine target and worked well for decades.

        • @[email protected]
          link
          fedilink
          English
          -1
          edit-2
          2 months ago

          As you can see in the chart, I’m talking about per person too.

          I don’t think 2008 did work well.

          If you don’t want to debate about this, then don’t.