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Covid is one example. The PPP loans provided by the federal government to businesses were forgiven. That sort of stimulus, combined with massive inflation, is f
by chinchilla2020 2y ago
Covid is one example. The PPP loans provided by the federal government to businesses were forgiven. That sort of stimulus, combined with massive inflation, is favorable to a debtor, not a saver.
For many, taking on debt in 2018 to buy a house for 200k would have paid off greatly by selling in 2022 for 500k. In an inflationary environment, you should grab as much cheap debt as possible.