This is either not true or "the true burden of debt" is something different than I would expect.

… force of technology-driven deflation because our financial systems are built to produce inflation. They depend on steady inflation because inflation reduces the true burden of debt.
“The Price of Tomorrow: Why Deflation is the Key to an Abundant Future.”
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Charles R. Lightner
Tim Knowles
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4 days ago
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This is either not true or "the true burden of debt" is something different than I would expect.
The true burden of debt is the interest less the inflation rate. If you borrow at 8% and the inflation rate is 4% then the true burden of the debt is 4% per annum. Inflation does not reduce the true burden of debt; it is one of the factors in determining the true burden of debt.
TEK
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Written by Tim Knowles760 Followers
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Worked in our nations space programs for more than 40 years
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