[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 1.09 MB, 900x796, debt.png [View same] [iqdb] [saucenao] [google]
27215676 No.27215676 [Reply] [Original]

The best thing you should do with excess income is to pay down the principal of the debt. Not only will this reduce your debt burden, the impacts of paying down debt is deflationary, and this can put deflationary pressure on the banking system.

If enough people payed just a little bit extra on their mortgage payment, it would be more effective than the GME short squeeze or forcing excessing silver deliveries.