Poll of the Day > Troll logic: In case of inflation, just get massively in debt!

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Lokarin 11/06/21 3:31:16 PM #1:	Then your anti-money goes UP in value!!! After 100% inflation your debt will pay itself off! --- "Salt cures Everything!" My YouTube: https://www.youtube.com/user/Nirakolov/videos <cite>Lokarin posted [p:959753879] in Troll logi... [t:79746860]...</cite> <quote>Then your anti-money goes UP in value!!! After 100% inflation your debt will pay itself off! </quote> ... Copied to Clipboard!
Sahuagin 11/07/21 7:33:46 PM #2:	Lokarin posted... Then your anti-money goes UP in value!!! that's interesting. it seems true that if you had run-away inflation, then the $ value of your debt would remain static and "should" be easier to pay off. I guess it's the opposite problem: the debtors lose money since the value of what they're owed drops. it almost just translates to: if you know that inflation is coming, then buy now while your money still has value. Lokarin posted... After 100% inflation your debt will pay itself off! I think it would be after %. 100% would just be double (or half). once money has absolute zero value (% inflation) then so does your debt have zero value. but that can't happen. but yeah, there seems to be some truth to the debt thing though there's probably a catch somewhere that I don't know about; interest rates for example. --- *The truth basks in scrutiny.* https://imgur.com/GMouTGs http://projecteuler.net/profile/Sahuagin.png <cite>Sahuagin posted [p:959789459] in Troll logi... [t:79746860]...</cite> <quote>Lokarin posted... </cite> <quote>Then your anti-money goes UP in value!!!</quote>that's interesting. it seems true that if you had run-away inflation, then the $ value of your debt would remain static and "should" be easier to pay off. I guess it's the opposite problem: the debtors lose money since the value of what they're owed drops. it almost just translates to: if you know that inflation is coming, then buy now while your money still has value. Lokarin posted... </cite> <quote>After 100% inflation your debt will pay itself off!</quote>I think it would be after %. 100% would just be double (or half). once money has absolute zero value (% inflation) then so does your debt have zero value. but that can't happen. but yeah, there seems to be some truth to the debt thing though there's probably a catch somewhere that I don't know about; interest rates for example. </quote> ... Copied to Clipboard!
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