refinanced 1.2 billion and locked in a 2% interest rate (down from 5%) for 5 years
saved a lot of money
and locked in a low rate right before inflation takes off?
it's 1 point 2
1.2
not 12 billion
look at who is paying rent
they all pay each other well
diamonds are only scarce because debeers sets on so many
the best hedge against inflation is to stock up on anything you might need to buy in the future when prices are higher
more $$ chasing fewer products is a classic result of an inflated money supply
a good small book available for free online is called
fiat money inflation in france
by andrew dickson white
he wrote this in 1876 and read it to the us house and senate, warning about fiat money and how it destroyed france and brought in the french revolution
easy to read and understand (the target audiance was congressmen after all)
it should be required reading in all high schools
niether party wants anyone looking into the banker / collages scam called "student loans"