how can a rise in inflation decrease the country debt value? 320 viewsDecember 31, 2023 Question100.55K August 22, 2023 0 Comments Title In: 1 8 Answers ActiveNewestOldest Anonymous Posted August 22, 2023 0 Comments Let’s say you have debt of $1000 and your income is $20,000. That debt is 5% of your income. Now, because of inflation, your pay rises to $30,000. But the debt is still only $1000. Now the debt is equivalent to only 3.33% of your income. You are viewing 1 out of 8 answers, click here to view all answers. Register or Login
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