/biz/ - Business & Finance

>>25315995
>Buying new cars

>carpool with colleague
>we both have cheap, old cars
>cars breakdown constantly and cost a fuck ton to fix
>decide I'm going to buy a new car because we keep getting late to work and losing entire days when cars don't work
>colleague calls me an idiot, "buying a new car is the worst financial decision you can make!"
>buy car
>decide I don't want my smelly colleague in my brand new car and stop carpooling
>his car breaks down completely
>he buy another shitty used car
>his car broke down so often that he got fired from work due to high absentee ratio
if my new car breaks down all I do is push a button and they come fix it, give me a temporary replacement car and compensate me for lost time at work
my former colleague has spent tens of thousands of dollars on old used up cars and repair bills - I've spent in total $4 200 on my car and I can return it whenever I want, interest rate is 2.8% (inflation is 12%)

not buying new cars is what they tell poor people to keep them poor, just like they tell them to save in fiat and buy retarded bonds
meanwhile the wealthy are borrowing and leveraging themselves to the tits to buy expensive cars, homes, stocks, crypto and gold
they know fiat is going into the shitter and any interest rate they have to pay is less than the price inflation of whatever they buy
everyone is trying to be the new Inflation King