Re:Finally, no bid on mortgage-backed securities
by UncleEntity on Monday June 13, 2022 @04:01AM
(#31722556)
Which is the point of the article, you get 3.5% while the value of your money is -8.6% (or whatever the real rate of inflation is) so in the end you pay the bank to borrow your money.
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Re:Finally, no bid on mortgage-backed securities
by ethbr0 on Monday June 13, 2022 @08:29AM
(#31724527)
If I follow the analogy right, the value of your debt is -8.6%.
The path to beating inflation is (a) borrowing at fixed low rates before it kicks in & (b) buying some asset that appreciates at greater than inflation rates (or at least paces it).