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Yes, especially if you owe money to the government. You cant owe the govt money it has no money all it can do is tax, borrow and produce inflation debasing the currency and lowering the standard of living. Inflation is a hidden tax. Income tax and property tax is illegal and theft /slavery
If you owe money, they can put a lien on your home. Even a mobile home.
Depends on how much you owe. The more you owe, the more the minimum payment.
Inflation reduces the value of your savings (if you have savings) but it also reduces the value to your creditors of the money you owe them (if you are in debt) so it may make you poorer, or it may make you less poor, depending upon your circumstances.
People who owe money benefit, because they are able to repay their loans in money that has less buying power. People who own property only benefit from general inflation in value in that they may be able to borrow more against its value (not actually more in real value).
Any time you can get a parking ticket, it can be towed Any time you owe more than $350.00 in parking tickets it can get towed from anywhere.
Runaway inflation makes people want to spend their money now and buy durable goods like gold, houses and cars. Saving money is pointless. People with fixed incomes lose. People with money saved lose. Inflation robs people of their savings. People who owe money win.
Yes. Yes you can, unless you owe fines, that would be the only thing prohibiting that.
you owe more than it is worth
my pleasure
owe or own? Own yes, people borrow guns from others all the time.
Is where you owe more money