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Wednesday, September 21, 2022

Rickards: We’re heading for a sovereign debt crisis

 https://dailyreckoning.com/heres-who-loves-inflation/

Government officials say all the right things about inflation, and how they’re trying to combat it. But secretly, they’re not that upset about inflation.

Why? Because inflation makes debt much easier to bear. For a government with over $31 trillion of debt, it can use all the help it can get.

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