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Not an expert by any means - but if you can buy a loan with pre-inflation interest rates, then you’ll benefit from the inflation eating up some of the debt. Thi
by dilippkumar 5y ago
Not an expert by any means - but if you can buy a loan with pre-inflation interest rates, then you’ll benefit from the inflation eating up some of the debt. This makes it a good time to borrow iff
1. There is something meaningful/profitable that you can do with the borrowed money
2. Your credibility allows you to buy a loan at cheap prices
3. Your inflation predictions are accurate
4. Your loan’s terms keep the interest rate fixed at a rate less than the inflation you expect
As for myself, I don’t think I can put extra capital to profitable use right now, so I’m not going to be borrowing any money.
- thebean11 5y agoYeah I'm considering buying a home (with mortgage of course) for this reason