Re:Fed raises rates by another 75 bps to fight inflation
by SketchySeaBeast on Wednesday September 21, 2022 @04:52PM
(#32931366)
> taking on debt for a depreciating asset is never a good idea if you can avoid it.
Even that isn't necessarily true - if one is broke but one needs a car for a better job they need to take on debt for the car. The debt definitely isn't an appreciating or incoming earning asset, but it is a good choice.
Even that isn't necessarily true - if one is broke but one needs a car for a better job they need to take on debt for the car. The debt definitely isn't an appreciating or incoming earning asset, but it is a good choice.