Inflation is a means of lowering debt automatically. I had mortgages in the past, and after a decade or two, they were very easy to pay off because of inflation. Of course this requires fixed-interest loans, with inflation higher than the interest rates. I wonder of this is related to the Jubilee concept form the Middle Ages in Europe.


We're flying electric helicopters on Mars yet you can't turn on your clothes dryer in Texas. That's because scientists are in charge of Mars, and Republicans are in charge of Texas.