*Inflation works because it keeps those too poor to have real assets on the gerb... | Hacker News

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eli_gottlieb on April 1, 2013 | parent | context | favorite | on: Bitcoin exchange rate reached $100 USD per BTC

Inflation works because it keeps those too poor to have real assets on the gerbil wheel.

Quite to the contrary, it gets the proletarians out of debt!

aneth4 on April 2, 2013 [–]

> Quite to the contrary, it gets the proletarians out of debt!

Yes. All the proletarians whose debt is at an interest rate under the rate of inflation. Which is exactly zero of them.

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