Would this year be a good year to take out a loan? Like if I got a 6,000 loan, the dollar loses a ton of value, so I get an increase in salary to compensate and then easily pay off the loan.
I already have silver stacked, in just trying to see what other ways I can take advantage of the dollar collapse.
Keep in mind the level of the game going on. If you believe you could time it right and buy a $500k house on 85% loan, then have that loan paid off after a "debt jubiliee" 6 months later, I think you're in for a big surprise not in your favor. Focus on the safety & well-being of your family, loved ones & fellow man first. This could well go back to resetting where everyone's finances were at when the Fraud began in January 2021, who knows.
Would this year be a good year to take out a loan? Like if I got a 6,000 loan, the dollar loses a ton of value, so I get an increase in salary to compensate and then easily pay off the loan.
I already have silver stacked, in just trying to see what other ways I can take advantage of the dollar collapse.
Keep in mind the level of the game going on. If you believe you could time it right and buy a $500k house on 85% loan, then have that loan paid off after a "debt jubiliee" 6 months later, I think you're in for a big surprise not in your favor. Focus on the safety & well-being of your family, loved ones & fellow man first. This could well go back to resetting where everyone's finances were at when the Fraud began in January 2021, who knows.
Maybe if you put the loan on Silver/GME lol. But I really wouldnt recommend this. Youre better off just investing money youd be paying on the loan.
Inflation always favors the borrower. That's why governments like, and actually induce, inflation.