The Picard Maneuver@lemmy.world to Curated Tumblr@sh.itjust.worksEnglish · 15 天前How to fix the economylemmy.worldexternal-linkmessage-square166fedilinkarrow-up1474arrow-down116
arrow-up1458arrow-down1external-linkHow to fix the economylemmy.worldThe Picard Maneuver@lemmy.world to Curated Tumblr@sh.itjust.worksEnglish · 15 天前message-square166fedilink
minus-squarehemko@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up13·15 天前 though rich people who have their wealth in debt would be hurt Aren’t the big loans interest rates tied to inflation though?
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up3·14 天前They are, but the rate you’re offered in the first place includes the loss to inflation. Capitalists aren’t going to offer a losing deal.
Aren’t the big loans interest rates tied to inflation though?
Directly. Yes.
They are, but the rate you’re offered in the first place includes the loss to inflation. Capitalists aren’t going to offer a losing deal.