Comment on Uber Eats or something idk
NateNate60@lemmy.world 1 day agoI’m a bit confused by what you’re trying to say here. It seems non sequitur if you are trying to say “borrowers of higher interest rate benefit less from inflation”.
Comment on Uber Eats or something idk
NateNate60@lemmy.world 1 day agoI’m a bit confused by what you’re trying to say here. It seems non sequitur if you are trying to say “borrowers of higher interest rate benefit less from inflation”.
Trainguyrom@reddthat.com 1 day ago
I wasn’t the one who said that part. I just wanted to correct the simplified math with some real world numbers that put into perspective how much wealth just being able to get a mortgage sets one up for
NateNate60@lemmy.world 1 day ago
So what did you mean when you began your comment with “actually it’s the inverse”? Inverse of what?
Trainguyrom@reddthat.com 1 day ago
Honestly I don’t remember. There’s a solid chance I misunderstood the point you were trying to make. I do remember being weirded out by the way your example has the loans working so I wanted to give a more real-world example of how loans and inflation benefit the borrower