I think interest free money is considered "inflationary" due to the likelihood of abuse.
Imagine you had $100,000 saved for retirement and are about to retire. The government of the day decides they want to fund their pet project by printing a truck load of money.
I think interest free money is considered "inflationary" due to the likelihood of abuse.
Imagine you had $100,000 saved for retirement and are about to retire. The government of the day decides they want to fund their pet project by printing a truck load of money.
Suddenly your $100,000 only...