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Really? Because that's how I think and have been thinking since the money printer got cranked up in 2020.
by zoklet-enjoyer 3y ago
Really? Because that's how I think and have been thinking since the money printer got cranked up in 2020.
- astrange 3y agoThe US money supply has been getting smaller pretty much all of this year. https://fred.stlouisfed.org/series/M2SL https://fred.stlouisfed.org/series/M2SL
- tempsy 3y agoSo you spend excessively on clothes and eating out and traveling because it’s going to get more expensive next year, despite now getting paid 4-5% for cash when that hasn’t been true for almost 20+ years? I can understand this about an appreciating asset like a house, not buying clothes and trinkets.
- zoklet-enjoyer 3y agoI took out some loans in 2020-2022 to buy a car, go on vacation, buy some synthesizers, gamble on crypto. I figured loan rates would go up so get them while the money was cheap.