Except that in times of hyperinflation your preexisting debt will end up costing you much less.
Quote:
Originally Posted by Mr Flopnuts
Exactly. If you have a bunch of bills right now and you're not facing garnishment, or any other form of involuntary recovery, sit on it for awhile. Believe it or not, right now it looks like a "good investment".
Please explain for the Economics for Dummies crowd.