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To: GraceZ who wrote (96848)	4/20/2001 4:24:37 PM
From: Hardly B. Solipsist	Read Replies (1) \| Respond to of 436258

I generally agree with the comment, but I think that there is one point that is not necessarily correct. Under the right circumstances high inflation can favor debtors. If they are working (and can keep their jobs), high inflation actually makes their debts more tractable. This trick usually doesn't work, of course, since these same people are almost never going to take advantage of inflation to actually reduce their debt burden, and when inflation comes under control they are really in trouble.