Post
Topic
Board Economics
Re: Lenders and borrowers during inflation
by
LastKiss
on 20/08/2022, 01:40:17 UTC
~snip~

👉👉Conclusion: People with good and profitable businesses can borrow money to boost their business during inflation. They will always be at the gaining side if the money is utilized well.


Once again if everyone has a good and profitable business then borrowing money is not a problem but people who struggle to even get some profit from their business will have trouble paying their debt. Just borrow money when you have a plan on how to pay your debt when the times come since not everyone feels easy to pay their debt even when they have a job.