I have a fixed rate mortgage. But I don't understand how inflation will help me. My employer won't hyper-inflate my wage. Are you suggesting that we might be able to turn a $1 bill into a bank and receive a $100 in exchange? If not, how do we get more money?
Yes... but, that assumes that the employer will raise the wages. If not, there's a risk that employees will quit and work elsewhere... if there is work.
Kinda good if you have a fixed rate mortgage
I have a fixed rate mortgage. But I don't understand how inflation will help me. My employer won't hyper-inflate my wage. Are you suggesting that we might be able to turn a $1 bill into a bank and receive a $100 in exchange? If not, how do we get more money?
Your wages will go up wages already have big time, also your investments should sky rocket.
Yes... but, that assumes that the employer will raise the wages. If not, there's a risk that employees will quit and work elsewhere... if there is work.
Based off of my experience wages have shot way up since plandemic spending inflation