Re:Alabama immigration: crops rot as workers vanish to avoid...
by AnimalMuppet on Tuesday February 14, 2017 @06:34PM
(#13648350)
Mortgages.
Now, you could argue that the expectation of future inflation is built into the mortgage interest rate at the time you obtain the mortgage. And you'd be correct. But once you have the mortgage, then inflation helps you. Or rather, it helps you when your wages rise in response to inflation.
Now, you could argue that the expectation of future inflation is built into the mortgage interest rate at the time you obtain the mortgage. And you'd be correct. But once you have the mortgage, then inflation helps you. Or rather, it helps you when your wages rise in response to inflation.