MCViewPoint

Opinion from a Libertarian ViewPoint

Inflation Is Good for You

Posted by M. C. on November 16, 2021

What happened to The Intercept? I can see why it and Glenn Greenwald parted company.

It is true inflation is bad for those that own debt. That is because the money you make the payment with IS DECREASED IN VALUE. The author of this article does not do the family grocery shopping.

https://theintercept.com/2021/11/10/inflation-economy-debt-milk-prices/

…That’s because inflation is often good for most of us, but it’s terrible for the kinds of people who own corporate news outlets — or, say, founded coal firms…

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