Comment on Europe is Literally Running out of MoneyparentComments−cgrand-net14yPrinting money means inflation and inflation is bad for debt owners (unless the debt is in another currency) and indeed also for "matresses".−eli_gottlieb14yBut inflation is good for debtors themselves, and debt-made money eventually requires some inflation to make the debt load maintainable.
Comments
Printing money means inflation and inflation is bad for debt owners (unless the debt is in another currency) and indeed also for "matresses".
But inflation is good for debtors themselves, and debt-made money eventually requires some inflation to make the debt load maintainable.