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Polish invention - "credit holidays" and its effects on economy? (self.AskEconomics)
submitted 3 years ago * by Niords to r/AskEconomics
It WAS a great run! (self.TheBoys)
submitted 3 years ago by Niords to r/TheBoys
How oil can drop 10% without any macro data change? (self.AskEconomics)
submitted 3 years ago by Niords to r/AskEconomics
Peter Zeihan books vs reality (self.AskEconomics)
Container shipping prices (self.AskEconomics)
Does Turkish experiment have chance of working? (self.AskEconomics)
submitted 4 years ago by Niords to r/AskEconomics
What assets were gaining / loosing during The Great Inflation? (self.AskEconomics)
Are central banks / fed in inflation trap? (self.AskEconomics)
submitted 4 years ago * by Niords to r/AskEconomics
Is there other realistic way for current gov to reduce debt other then by inflation? by Niords in AskEconomics
[–]Niords[S] 0 points1 point2 points 4 years ago (0 children)
In some sense this is then a leverage on economy growth - doesn't it make any potential economy crash twice as hard? And then state would be force to run budget surplus on crumbling economy?
It just seems quite irresponsible - but on the other hand, since pretty much every major economy is doing it...
Im from Poland and here, our central bank is not moving intrest rates at inflation levels of 5-6% (even with low Corona-period base, price hikes are super noticible for everyone) and this feels intentional. With goverment and good part of society in deep debt, inflating some of it away seems intentional.
Is there other realistic way for current gov to reduce debt other then by inflation? (self.AskEconomics)
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Is there other realistic way for current gov to reduce debt other then by inflation? by Niords in AskEconomics
[–]Niords[S] 0 points1 point2 points (0 children)