3 ms·

Inflation does make long term debt with low, fixed interest rate very attractive

• lottin 5y ago
  Only in retrospect, if inflation was unexpected. But if it was unexpected you couldn't have taken advantage of it, because, by definition, you weren't expecting it.
  • gassius 5y ago
    I don't see how the expectation change anything. Either inflation dilute the monetary value of your debt quicker than your asset depreciation or it doesn't. So, any scenario were you bet (correctly) that inflation will rise at a higher rate than a fixed interest rate is very attractive