re: #80 sagehen

Let me just point out that if wages and prices are increasing at approximately the same rate, this is a GOOD thing for debtors.

Mortgages. Student loans. Piled-up credit card debt. People with variable-rates and balloon payments are screwed, but if your loans are at a set interest rate, inflation benefits you.

,……..

Im reading December consumer prices up 7% from a year earlier, and wage growth was up only 4.7% over the same period.