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Updated almost 6 years ago on . Most recent reply
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So.....what is your bet?
I am typically very conservative when it comes to taking on debt and over-leveraging myself. But I can't help but think about the currency inflation the Federal Reserve and government have been pushing the past few decades. With the insurmountable national debt, the absolute worst fear of the Fed is to allow deflation and they will do anything to prevent it...including inflate/hyperinflate the dollar. They can't afford to let it go any other way.
Should this be our future, it would be very advantageous to acquire a lot of property now and let the ensuing inflation erode away the debt. The risk-averse side of me says no way could I take this gamble, but still I wonder.
So...what is your bet?
Most Popular Reply
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Don't bet! Either way.
Your scenario is not something I worry about. Just focus on finding good deals in good or bad times.