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comment by user-inactivated
user-inactivated  ·  3990 days ago  ·  link  ·    ·  parent  ·  post: Bits and Barbarism

Yes, it does. What I wasn't getting was that the benefit came through ducking out of domestic debt as opposed to foreign. Yes, you could certainly use hyperinflation to screw your citizens out of all their real wealth. Couldn't simultaneously screw your creditors in the US out of theirs, at least not this way.

Thanks for bearing with me.