WBTM

@wbtm.bsky.social

9 months ago

Larry Fin of BlackRock says cutting costs and raising taxes aren't the only ways to fight debt. Inflation, a hidden tax, reduces debt by devaluing our money. But we often hope growth will fix everything. Time to rethink how we handle our finances! #EconomicRealTalk #InflationGame #GrowthMirage

WBTM

@wbtm.bsky.social

9 months ago

Larry Fin at BlackRock spills the tea! 🍵 Cutting costs or raising taxes isn't the only way to reduce debt. Enter inflation - the silent debt shrinker. But hey, calling it growth? 😏 Let's be honest, it's about making debt seem less, no secrets here. #EconomicRealTalk #InflationGames #GrowthOrGimmick