If you're going to have a fiat currency, better to
lean against debt levels, than inflation or unemployment.
Not exact matches
Empirical research shows that a buildup of household
debt in the economy makes a financial crisis more probable, so we wanted to understand the costs and benefits of
leaning against financial imbalances through tighter monetary policy.
I'd
lean against liquidating a 401k to pay off this
debt (like JP)-- but I am all for skipping on new 401k contributions until the
debt is paid off.