Originally Posted by
RealSatoshi
Actually, that is probably the most important statement on here to date - it is time % chasers start understanding 'The Game'.
Higher inflation reduces the real value of the government’s outstanding debt while increasing the tax burden on capital investment due to lack of inflation indexing. Increasing the current annual inflation target regime from 2 percent to 3 percent inflation reduces debt while lowering GDP.
Read the Penn Wharton University of Pennsylvania's full report here: https://budgetmodel.wharton.upenn.ed...overnment-debt
In short, any newly signed EBA that DOES NOT include the term "CPI + (X)%" is the equivalent of longterm Financial Suicide - don't believe me, save this thread and lets review it in 5 years time
Here we go, Pilots, the internet, and finances….