The good side of inflation. The state (for now) gains on debt: a 35 billion dollar treasury

The author of the note is Salvatore Liaci

The sudden rise in inflation may, in the short run, increase government revenues relative to primary expenditure, with an improvement in the primary balance. However, in the case of the current inflationary surge this has not happened because the state has significantly increased primary spending to partially compensate households and businesses for rising commodity prices.