a positive in a sea of negativity, page-33

  1. 2,796 Posts.

    "Who cares - your debt is halved in relative terms and you own an asset that will be paying for itself from its own inflation adjusted earnings."

    you should care UT because in that situation if you didnt own it out right and it was borrowed money the banks up interest rate in contrast to inflation, so your debt grew with the inflation.

    So you still ended up with the same apples had there been no inflation.

 
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