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RE: Inflation Is A Double Tax

in LeoFinance3 years ago

The inflation is a bitch indeed! We are trying to figure out what we are going to do in order to secure ourselves and hedge against it as best we can. We have been trying to sock bitcoin that’s for sure but other avenues as well. One thing is buying a house and for a few reasons as well. One being to have it paid off so we aren’t forced to work out of desperation.

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Well having a home with debt is a good idea as they devalue the dollar so your debt obligations are made easier, as long as you have an income that is inflation-adjusted its okay. It's not going to be easy by any means, but we all have to learn the rules of the game and try to play it as best we can

Yeah I guess that's a good point. Maybe having a minimal mortgage like 50k or something couldn't hurt. I want to own something without owing some damn place though, that way I can focus on other things.