Posted 3/3/2021 07:34 (#8869735 - in reply to #8869271) Subject: RE: Grain sales influenced by inflation and availability of goods.....
NW Indiana
You caught a good chunk of my point. We pay interest in nominal rates but we "gain" on real rates. So if the governments tax receipts are going up 8% a year instead of 3% while their interest goes from 1% to 3% the net effect should be positive to the debt. Without looking it up I assume they look in the debt for periods of time at a rate, if so any inflation during that time increasing tax receipts would be all positive return.
Grain sales influenced by inflation and availability of goods.....
