C crgarcia Jan 16, 2008 #11 Quote from alexandermerwe: In a society heavy on personal debt, inflation is the only means of passing wealth from lenders to borrowers. Alex More... That's true And then lenders can be bailed out relatively silently by the Fed, and voila!, nothing happened!
Quote from alexandermerwe: In a society heavy on personal debt, inflation is the only means of passing wealth from lenders to borrowers. Alex More... That's true And then lenders can be bailed out relatively silently by the Fed, and voila!, nothing happened!