Current Events > Reminder: inflation is amazing if you have a bunch of debt

Topic List
Page List: 1
YWS-is-King
02/14/22 1:28:48 PM
#1:


Assuming the interest rate isnt outrageous.

$100,000 isnt $100,000 anymore.

Its bad if you have cash, but its AMAZING if you have a bunch of debt.

---
**YWS is the Supreme Overlord of NFLB**
BLACK LIVES MATTER
... Copied to Clipboard!
MixedRaceBaby
02/14/22 1:29:17 PM
#2:


this guys apes

---
For the mixed race babies!
... Copied to Clipboard!
Veggeta_MAX
02/14/22 1:29:29 PM
#3:


Owing money is still owing money.

---
I'm Veggeta X's alt
... Copied to Clipboard!
Mearcstapa
02/14/22 1:30:45 PM
#4:


Once again, responsible savers and the risk-averse get fucked over.

---
after years of waiting
nothing came
... Copied to Clipboard!
YWS-is-King
02/14/22 1:31:03 PM
#5:


Veggeta_MAX posted...
Owing money is still owing money.
With inflation, you owe less as inflation continues to go up.

If inflation is at 10% that means your debt is shrinking 10%.

---
**YWS is the Supreme Overlord of NFLB**
BLACK LIVES MATTER
... Copied to Clipboard!
Damn_Underscore
02/14/22 1:31:10 PM
#6:


Imagine if we get trillion dollar bills like Zimbabwe, and we could just walk into the student loans office slip them one and say "keep the change"

---
The world,
belongs to you.
... Copied to Clipboard!
YWS-is-King
02/14/22 1:32:10 PM
#7:


Damn_Underscore posted...
Imagine if we get trillion dollar bills like Zimbabwe, and we could just walk into the student loans office slip them one and say "keep the change"
Thats exactly what you can do.

Obviously it probably wont get that extreme, but the premise is exactly correct.

---
**YWS is the Supreme Overlord of NFLB**
BLACK LIVES MATTER
... Copied to Clipboard!
WingsOfGood
02/14/22 1:33:17 PM
#8:


Except you cost to breathe goes up and your debt still exists
... Copied to Clipboard!
YWS-is-King
02/14/22 1:34:37 PM
#9:


Mearcstapa posted...
Once again, responsible savers and the risk-averse get fucked over.
Risk-averse always get fucked over.

No risk, no reward.

The people who play it safe will always get mediocre results in life.

---
**YWS is the Supreme Overlord of NFLB**
BLACK LIVES MATTER
... Copied to Clipboard!
Master_Bass
02/14/22 1:34:51 PM
#10:


YWS-is-King posted...
Assuming the interest rate isnt outrageous.
Dont worry, it will be.

---
Many Bothans died to bring you this post.
... Copied to Clipboard!
YWS-is-King
02/14/22 1:40:15 PM
#11:


Master_Bass posted...
Dont worry, it will be.
As long as the interest rate is lower than inflation you will be fine.

---
**YWS is the Supreme Overlord of NFLB**
BLACK LIVES MATTER
... Copied to Clipboard!
sktgamer_13dude
02/14/22 1:44:30 PM
#12:


buttsage/LivingLegend topic, move along people

---
http://i.imgur.com/jWVrg9U.gif http://i.imgur.com/g2efUtT.jpg
http://i.imgur.com/5dOwhaP.jpg http://i.imgur.com/LVdqu8J.gif Go Cougs and M's RIP SMV 2/25/21
... Copied to Clipboard!
WingsOfGood
02/14/22 1:44:40 PM
#13:


Why tc shilling for banks?

G980 alt?
... Copied to Clipboard!
YWS-is-King
02/14/22 1:50:35 PM
#14:


WingsOfGood posted...
Why tc shilling for banks?

G980 alt?

lol what?

Banks get fucked by inflation assuming you borrowed money from them.

What part of inflation is amazing if you have a bunch of debt did you not understand?

---
**YWS is the Supreme Overlord of NFLB**
BLACK LIVES MATTER
... Copied to Clipboard!
Topic List
Page List: 1