News for hackers. Stuff that matters.
Re:Help Me with Money by chiefalchemist on Tuesday March 26, 2024 @08:26PM (#39834431)
> While incurring debt in order to make money is a reasonable thing to do (“You’ve got to spend money to make money”), there is no such thing as “good debt.”

That's not true. Debt is in a way a hedge against inflation (provided you're not paying credit card rate inflation).

I recommend "Broken Money" by Lyn Adlen. How she covers the history money, as well as how it relates to the US financial system is fascinating, enlightening, and in the end disheartening.

https://www.lynalden.com/broken-money/

There are no comments on this comment yet.