It’s unfortunate that I felt the need to create this meme, but I’d rather be alone than with an incompatible woman.
(media.patriots.win)
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Disagree. Debt is for most people to be avoided if possible. As a golden rule.
Cars are a bit different as they can be liquidated for money. Unless let's say a consumer loan for vacation or a hobby.
The way the government is spending money debt is definitely the way to go. The only winners when inflation eventually skyrockets are the debtors.
Governments are different to individuals. Inflation is a hidden tax.
Its a hidden tax on cash not debt. The higher inflation goes the less your debt is worth.
I agree, debt is never taxed, obviously. So inflation reduces burden of debt vs buying power. It hence rewards being in debt and punishes holding assets. The issue is that the level of inflation is not within the democratic process. You can't fight this tax on your wealth. Furthermore since interest rates are also artificial and manipulated, it's possible to control the population with debt to a degree.