Originally Posted by czech1022
You guys are talking like inflation is a bad thing - it's a great thing for the government, it reduces the real cost of the country's debt when dollars are worthless.

It crushes the citizens of the country, but it makes our leaders happy as hell (pun intended).

It also opens up opportunities for individuals willing to take big risks - e.g. take out big loans for hard assets just as runaway inflation gets it's legs under it, then sell later at inflated prices, paying off your loans with worthless dollars. You get to keep the assets for zero real cost.


yep