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Silently taxing savers: Will inflation be the solution to today’s wartime levels of debt?

May 4, 2021No Commentsstaude_admin

To say that government debt levels are high is nothing new. Even before Covid-19 hit, despite years of austerity, debt levels were already extremely elevated. But after the fiscal damage of Covid-19, debt as a percentage of GDP has now reached extraordinary levels that, when viewed from a long-term historical perspective, are jaw-dropping. Take the…

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