Post
Topic
Board Economics
Re: Lenders and borrowers during inflation
by
Mometaskers
on 18/08/2022, 17:09:20 UTC
Mathematically for a robot or an AI, it would be Robert Kiyosaki's but in real life for most people it's Dave Ramsey's.

I think understand what you mean. I actually know people who don't even pay their UTILITIES in full, let it accumulate and then get shocked when they got their water and electricity cut - and then have to shell out an extra fee to have it reconnected.

It's just not that easy for some of us to get a grip on these. For example when I borrow I'm not even thinking of what OP was saying that I'd be paying less or whatever, I just want to know the difference in price between getting the stuff on installment vs paying for it in full.