Could inflation be a good thing for governments in debt?

For all the pain it causes, inflation makes old debts easier to pay off. A silver-lining for countries burdened by pandemic debt? Maybe. But if history is any guide, that shine may be short-lived.

Source: https://www.npr.org/2022/05/13/1098865220/could-inflation-be-a-good-thing-for-governments-in-debt
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The Article Was Written/Published By: Adrian Ma

Author: NPR News