Curated Tumblr

4875 readers

104 users here now

For preserving the least toxic and most culturally relevant Tumblr heritage posts.

The best transcribed post each week will be pinned and receive a random bitmap of a trophy superimposed with the author's username and a personalized message. Here are some OCR tools to assist you in your endeavors:

web
iOS
FOSS Android Recs per u/m_f@discuss.online: 1 , 2

Don't be mean. I promise to do my best to judge that fairly.

founded 2 years ago

MODERATORS

Apytele@sh.itjust.works

Csynthare@dataterm.digital

ethaver@kbin.earth

468

How to fix the economy (lemmy.world)

submitted 2 months ago by The_Picard_Maneuver@lemmy.world to c/curatedtumblr@sh.itjust.works

166 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] hemko@lemmy.dbzer0.com 13 points 2 months ago (2 children)

though rich people who have their wealth in debt would be hurt

Aren't the big loans interest rates tied to inflation though?

[–] Banana@sh.itjust.works 18 points 2 months ago

Directly. Yes.

[–] explodicle@sh.itjust.works 3 points 2 months ago

They are, but the rate you're offered in the first place includes the loss to inflation. Capitalists aren't going to offer a losing deal.