I'll suggest that taking on debt was probably personally advantageous ahead of inflation. Current market rates are higher than what we owe, and local home prices are also currently higher across the recent period. Frugality, in terms of a paid off home, might have been less risky, but I'm not sure it's an inflationary hedge. If reducing debt makes sense for deflation, taking on debt might be reasonable for targeting inflation.
Statistics: Posted by alluringreality — Mon Jun 24, 2024 7:27 am — Replies 8 — Views 758