this post was submitted on 04 Jun 2026
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Also not necessarily true - Karl Marx "Value, Price and Profit" Chapter two "Production, Wages, Profits"

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[โ€“] WorldsDumbestMan@lemmy.today 4 points 4 days ago (1 children)

My massive debt IS devaluing. I wonder if you can earn money by like taking up debt to buy gold, then the debt will be worth less, but the gold will keep up with inflation.

[โ€“] twopi@lemmy.ca 2 points 3 days ago

There's interest in the debt. Gold would have to rise faster than the interest.