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But even economists are aware of the difference between wealth and value : you are describing inflation. Why were you allowed to / it was a good idea to remort
by BlueTemplar 2y ago
But even economists are aware of the difference between wealth and value : you are describing inflation.
Why were you allowed to / it was a good idea to remortgage under ~20% inflation ?
- rhubarbtree 2y agoI think inflation is when the value of money drops ie it can buy less of everything. But this is simply the cost of one asset rising.