[Gllug] [Long] Down-under response. Was: File On 4 on waste in Govt computing projects

[Nix]

On 4 Mar 2010, Christopher Hunter uttered the following:

> On Wed, 2010-03-03 at 22:28 +0000, Nix wrote:
>
>> Rubbish. The debts will inflate away and be grown away. 
>
> Not this time.  There's nowhere for the hole to disappear to, this time.

What? Inflation and growth can dispose of *any* debt, given time, though
if it goes too far your currency implodes into hyperinflation (which
also disposes of the debt, although as it also disposes of your entire
nation's savings it tends to do your political prospects no good at
all).

We are very, very far from hyperinflation right now.
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