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For all the pain it causes, inflation makes old debts easier to pay off. A silver-lining for countries burdened by pandemic debt? Maybe. But if history is any guide, that shine may be short-lived.
Could inflation be a good thing for governments in debt?
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A weekday early morning podcast that offers a first look at the top local news stories and weather forecast you need to start your day.Sonoma County news stories featuring the latest in breaking news, county government, elections, environment, cultural happenings, and updates on your communities, from Petaluma to Cloverdale, and from Sonoma to Bodega Bay, and everyplace in between.
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