>>60566947
>Debt paid with debt is identical in-the-limit to straight printing. Open your eyes and stop falling for bullshit pseudo-economics justifications for debasement. Money is not special, it works like any other asset, increases in quantity (all else being equal) always and only proportionally decreases its value.

Where is the disagreement? Debt paid with even more debt would just flourish even more in an ultra low interest rate environment. Higher interest rates= debt becomes less attractive, no matter what its used for.

>no' Stats like CPI were low, never forget that a HUGE part of volcker's "taming" of inflation was just cooking the books hardcore, early 80s is when they started using complete ass-pulls like "owner equivalent rent"

Everything was cheaper in the 80s through the 2000's. Nothing more, nothing less. I didn't need to verify whether or not the books were cooked like they are now even just a decade ago, my wallet and wages did the talking for me. I had apartments back then in major city centers for $500 a month working just minimum wage jobs when I was younger as recently as the early to mid 2010's. The same could not happen now.

Your post said nothing, and your arguing with ghosts.

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Why is Powell intentionally sabotaging our economy and financial markets? Is it grounds for treason?