Financial crisis ripples through

[Adrian II]

I think the government should stop trying to prevent inflation. A high inflation rate will erode the lender-borrower relationships anyway, and will allow the general public to escape mostly unscathed, while the big lenders will be hit very hard. Kinda what Tyler Durden tried to do. He should have just convince China to sell their currency reserve instead.

Inflation will allow the general public to escape mostly unscathed?


Voodoo economics! Ayeeeeeeeyaaah!

[SwordsMaster]

Inflation will allow the general public to escape mostly unscathed?


Voodoo economics! Ayeeeeeeeyaaah!

Haha, well, credit-wise. Their bank borrowings will devaluate. Obviously, the cost of living will go up, but you usually don't take out big loans to pay for groceries anyway. And since car sales are down, and housing is too, and these are the 2 biggest expenses in general, i think right now inflation would be less of a problem than if petrol was still cheap, and houses expensive.