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> With the current inflation figures, it might actually be a smart move. If the interest charged on the loan is less than inflation, then it makes sense for the
by lm28469 4y ago
> With the current inflation figures, it might actually be a smart move. If the interest charged on the loan is less than inflation, then it makes sense for the consumer to borrow.
This isn't some mastermind long term plan to gain a few cents over years.
It just means more and more people can't afford basic necessities, it's the case pretty much everywhere in the west, food banks are busier than ever this alone is a clear signal.