Inflation and deflation of debts produce very different outcomes. Inflation reduces the value of debt, which for many people and companies feels like slowly sipping champagne, producing a nice buzz of light-headed excitement as they are unburdened.
债务的通胀和通缩会产生非常不同的结果。通胀降低了债务的价值，这对许多人和公司来说，感觉就像是在慢慢品味香槟，在他们没有负担的时候，产生了轻飘飘的美妙眩晕。