a positive in a sea of negativity, page-34

  1. 18,788 Posts.
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    "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. "

    Interest rates will go up, and they will go down over time. In the end it doesn't matter that much as long as you can make your payments. Bottom line is eventually you own an asset producing a significant income stream - it is not hard but it seems to allude too many of you guys.

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

    So what - you are paying for it with tomorrows dollars that is the important bit.
 
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