Inflation Isn't Bad For Everyone, Just Ask Debtors
For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day.
Inflation is a pain. It costs more for dinner, fuel, and housing — you can't even shop for a used car without watching the savings evaporate as prices creep up, up, and up on that creaky old Subaru that would have been a steal months ago.
But there's a thin silver lining: inflation has started to chip away at the debt burden of people who owe money, a tiny favor that anyone with a mortgage or student loans can be grateful for.
Source Fool.com
