Is Inflation good for a government drowning in debt?

Posted by: Blade-of-Truth

Please select your answer below - feel free to include an explanation.

Poll closed on 9/11/2014 at 9:17AM.
  • Yes

  • No

12% 2 votes
88% 14 votes
  • Absolutely. Inflation usually means higher growth (Phillips curve, anyone? *grimace). Growth leads to higher revenue, and a smaller share of debt/GDP. Plus, inflation devalues debt.

    Posted by: A.K
  • they get to print money to pay off their debt how is that not good for them ? (the govt)

  • With inflation their comes more debt, We have to come up with more taxes, more money, to make up for the random money printed. To randomly come up with more money to pay off our debt will only out us in more debt.

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howardzinn says2014-04-11T17:52:49.6511335-05:00
Not the way the US system is set up with interest rates. Germany has little inflation and low interest rates with shorter terms on debt, so it may be restructuring is the problem along with more revenue as bad as that kills some folks.
Blade-of-Truth says2014-04-18T22:52:44.8826539-05:00
"Inflation devalues debt." I was waiting for someone to say it, I think there was a bandwagon effect on this poll.

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