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furthermore, if you're a house-owning boomer who bought their first house for $25k and it is now worth $1m+, inflation can be seen as quite good

• onlyrealcuzzo 5y ago
  I'm not sure why this is downvoted. Maybe the boomer bashing? Anyone in leveraged debt is going to do well in inflation.
  • anm89 5y ago
    Anyone in leveraged debt with a negative real rate* Regardless of inflation, if you are taking out 30% pay day loans you aren't winning.
  • sam0x17 5y ago
    These days the word "boomer" triggers anyone older than elder millennials, and somehow it's furthermore become a bit politicized. Most people also don't know that Generation X or the Silent Generation exist, and many don't know which one they are, other than "boomer=old/bad". It's become a bit of a slur, and that's not what I intended.
    • deleted 5y ago
      [deleted]