RE: Help Needed Please18 Oct 2023 19:06
FD
'' Another poster drew a comparitor if that were the case National Debt would eventually disappear, assuming borrowing remained stagnant.''
I have already said, UK debt does not remain stagnant unfortunately.
'NewCashquack' said ''Inflation of ten percent is a reduction of debt of ten percent in real terms.''
He said in REAL TERMS.
Inflation figures came out today which my occupational pension looks at for rises, but because there is a cap it will mean I will be getting a REAL TERMS cut in my pension as measured against inflation. Simple enough for most to understand.
If everything doubles - prices,costs and profits, and the debt level of Marstons is maintained at the same level , then the debt would have halved as a ratio measurement against profits, with the obvious benefit of being far more easily serviced.