Quote:
Originally Posted by Bruce H
If one doesn't have debt one doesn't have to worry about interest payments on loans. I remember the 22% and higher in the late 70's. I paid the interest on what debt I had. I survived but never again.
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That doesn't have anything to do with hyperinflation though. Hyperinflation
helps debtors. Not advocating debt, but I'm not too worried about my 4% mortgage rate.