[Starboard]

The government will inflate the currency so it can pay the debt load with inflated (devalued) dollars.

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Thank you for the illuminating reply. The fact that a government will resort to inflating away their debt is unquestionably true.

I also think that the government finds it politically convenient to understate inflation. As such people don’t grasp or foresee its insidious nature.

Inflation is not a bad thing per se but high inflation can obviously be very damaging and distorting to an economy, and most especially for unprepared individuals. A modest, fixed income can be quickly savaged by rising prices. Its something to bear in mind going forward.

[Vlad The Inhaler]

I also think that the government finds it politically convenient to understate inflation.

Good point because that is exactly what has been going on

It's slow but relentless and indidious.

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