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I'm not sure why this is downvoted. Maybe the boomer bashing? Anyone in leveraged debt is going to do well in inflation.
by 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 agoAnyone 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 agoThese 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]