It kills savers and bails out the indebted.
And erodes the value of those holding the public debt.
Of course they will deliberately stimulate inflation.
If they can anymore.
I thought they were already trying with everything they already have. Negative interest rates. Hell, they’ve even resorted to helicopter money. Stock market intervention. Purchase of private debt.
What else is there? Uh oh...
Universal debt holiday.
...Universal debt holiday.
Kills every pension and retirement plan out there
Elderly pauperized at a time when they can’t recover
Quick way to rapidly prune down Medicare and SS rolls