OCR Text |
Show WRIGHT PATTERSON Inflation Helps Debtors TIOSE who are in debt are the nly ones who can profit from ,. ...ition, from cheap money. The United States government, as the j greatest debtor in the nation, stands to profit most from the inflation we so greatly fear. The government has promised to pay some 260 billion dollars to those who hold its bonds. In that promise there is no specification specifi-cation as to the value of the dollars the creditor is to receive. Runaway inflation could make our dollars practically valueless, but they stili would be dollars. The best gamble would be to hold on, if the government govern-ment does not call the bonds, until the value of the dollar comes back |