Re:Happy 400th birthday to the world's oldest bond
by Aeolun on Tuesday December 24, 2024 @06:58PM
(#42505867)
> Inflation benefits borrowers and penalizes lenders.
How does that follow? The only reason I can afford a house is because the interest rate is near zero. At a 5% rate I’d be priced out of the market, and pay 2x more money eventually.
How does that follow? The only reason I can afford a house is because the interest rate is near zero. At a 5% rate I’d be priced out of the market, and pay 2x more money eventually.