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When interest rates are below inflation, it may make sense for many people to extend themselves as far as they can to acquire assets, nominally spending more th
by notch656a 5y ago
When interest rates are below inflation, it may make sense for many people to extend themselves as far as they can to acquire assets, nominally spending more than they earn. The current market makes it very tempting to short the USD via low interest loans to buy speculative holdings.