why deflation would be a disaster , page-60

  1. Steve70
    2,796 Posts.
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    12/04/14
    16:11
    Post #: 13244876


    If their $ devalues then their interest rate has to go up to off set that inflation.

    Then their debts become bigger.. making it even harder to pay back..

    Then there is even more chance of them defaulting.. !!!









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