2% Inflation Means Prices Increase 25% in 12yrs - Guaranteed!

The Rule of 72 - divide your rate of return (in this case, a discount rate) into 72 to get the # of years that it will take to double (halve) your original principal at that constant rate

1	2	3	4	5	6
100	102	104.04	106.1208	108.2432	110.4081

7	8	9	10	11	12
112.6162	114.8686	117.1659	119.5093	121.8994	124.3374

13	14	15	16	17	18
126.8242	129.3607	131.9479	134.5868	137.2786	140.0241

19	20	21	22	23	24
142.8246	145.6811	148.5947	151.5666	154.598	157.6899

25	26	27	28	29	30
160.8437	164.0606	167.3418	170.6886	174.1024	177.5845

31	32	33	34	35	36
181.1362	184.7589	188.4541	192.2231	196.0676	199.989

So .....

If we maintain a Bank of Canada sanctioned 2% inflation
-- the debts of all of us will diminish by 25% in just 12(+) yrs

That coupled with wages rising by COLA (remember that from 1970's)
the "whole problem" will just disappear