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Updated about 2 years ago on . Most recent reply

Katisha Mion Jackson's profile image
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Katisha Mion Jackson
  • Member since Nov 30, 2022
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Market Trends & Data

Wealth Accumulation In America

Katisha Mion Jackson
Posted

Why is 97% of the economy's wealth created through DEBT??

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Grayson Spittel's profile image
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Grayson Spittel
  • Rental Property Investor
  • from Wake Forest, NC
  • Member since Nov 5, 2017
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Grayson Spittel's profile image
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Grayson Spittel
  • Rental Property Investor
  • from Wake Forest, NC
  • Member since Nov 5, 2017
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Grayson Spittel
  • Rental Property Investor
  • Wake Forest, NC
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Grayson Spittel
  • Rental Property Investor
  • Wake Forest, NC
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Leverage, tax advantages, benefited by inflation, able to build wealth through someone else paying that debt back, return on investment is greater than interest rate paid on debt servicing, ability to procure, and 234 other reasons. 

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