Economics

“I think if people were used to a world of 4% inflation and that was the norm they would not be especially unhappy about it,” he said……

@giu warned us

🇧🇷🇺🇸-  Book: Making Things Think: https://holloway.com/mtt. Investor in Wander, Carry, Footprint, Merkle Manufactory (Farcaster), Dynamic, Paragraph.

I'm wondering if this is this 'crack' that changes things in higher ed. How would 4% inflation affect these institutions? 

Marc says about higher ed, "these places are not as fiscally stable as they seem from the outside."

Be specific.     

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I'm wondering if this is this 'crack' that changes things in higher ed. How would 4% inflation affect these institutions? 

Marc says about higher ed, "these places are not as fiscally stable as they seem from the outside."

https://www.youtube.com/watch?v=7J2_G4oHRQ0&pp=ygUZbWFyYyBhbmRyZWVzZW4gaGlnaGVyIGVuZA%3D%3D

Isn’t it the case that most people borrow from the government to pursue higher Ed? So the prices can keep rising as the government prints more?

Unis have quite easily been raising prices by more than 4pa for quite some time. Higher inflation is good for government spending, because it erodes the real value of borrowed money, ie the government debt. Banks, and anyone else who lends money, would hate higher inflation