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/biz/ - Business & Finance

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51487068 No.51487068 [Reply] [Original]

I am excited about the next 5 years. Ma assets will pump

>> No.51487265

>>51487068
Inflation is good if you have debt

>> No.51487274

and thaths a good thing

>> No.51487576

>>51487068
These are the kinds who people who are in charge of fiscal policy. Willfully blind until something breaks, and sometimes even that fails to open their eyes

>> No.51489217
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51489217

>>51487068
Yeah I'm Brad DeLong-ing LINK

>> No.51491504
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51491504

>>51487265
So now is the time to buy a house, no?

>> No.51491545

>>51487265
assuming wages increase proportionally with inflation (hint: they don't)

>> No.51491572

>>51487265
You are reversing cause and effect and your statement makes 0 sense

>> No.51491676

>>51487265
Nigger, the value of your debt only decreases if your ability to pay it off increases

>> No.51491697
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51491697

>>51491676
Nah, home equity is a good example of why this isn't true.

>> No.51491720

>>51491545
They did in weimar germany 1.0 so why not 2.0, regardless your debt can still become worthless, you won’t be worth the time it takes to collect

>> No.51491731

>>51487265

Say you make $5k a month, have $3k in expenses and pay $1k towards debt. After inflation you now have $3.5k in expenses and $1.5k towards debt because of interest hikes. How exactly did that help you?

>> No.51492835

>>51487068
no link. so fake. If you want your shitposts to be taken seriously, you need links.

>> No.51492843

>>51487068
inflation is out of control due to measures to have big numbers by presidents to flaunt around "look how i did good for the economy! number go higher!"
its a stupid thing

>> No.51492893
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51492893

Doomers are too low IQ to understand that inflation is a sign of a healthy growing economy. MMT solved this.

>> No.51492955

>>51492843
Inflation is out of control because governments always cause hyperinflation eventually it’s just the nature of the beast

>> No.51493309

>>51487068
we exported all our inflation to ukraine, the economy just needs some time to catch up

>> No.51493337

>>51487265
yes because only your debt will be affected by inflation and not your expenses, and of course your wages will keep up and not limit your ability to pay hypothetically inflated expenses, and of course also business will keep up and you won't be at any risk of losing your job or customers.

>> No.51493358

>>51491731
>$1.5k towards debt because of interest hikes
The thought of taking a debt with variable rate should never cross your mind. If you want to be enslaved, can you really blame the (((banks))) for taking this opportunity?

>> No.51493370

>>51492893
MMT doesn’t solve shit
It just makes you poor, indebted and forces you to rely on a tyranny-communist state

>> No.51493371

>>51491504
Fuck No. Inflation diminishes buying power making it harder to make mortgage payments. Banks are also giving out homes with 0 down payment. Literally 2008 all over again LMAO. Recipe for foreclosure.

>> No.51493384

>>51487068
this some "this is my fight song" neolib copium