Re:Inflation Bites U.S. Engineering Salaries
by seanmcdirmid on Wednesday September 27, 2023 @08:17PM
(#37683472)
Bond rates had been less than inflation for a long time before interest rates rose. But yes, a lot of people made money getting cheap loans with interest rates below or close to inflation. It’s one of the main reasons we are in our current mess.
If it was true that the stats were fake, you could get rich in the bond market with TIPS arbitrage, so why not try it?