And homeowners with fixed rate loans will benefit significantly from having fixed payments and by being able to make payments with much
less valuable dollars.
Debt is a hedge against inflation - you get to buy something today and repay it with
less valuable dollars in the future.
Finally, I fear we are in for a high inflation in the future due to all the stimulus spending - if that is the case why not wait to pay off low interest debts with
less valuable dollars?
Not exact matches
«It's
valuable to know the
dollar sign but that doesn't mean it's
less or more critical on the issue,» he said.
And what if this
valuable technology cost
less than a
dollar, was available everywhere, and was simple to use?
The more
valuable the Canadian
dollar is, the
less expensive it is for Canadian teams to buy U.S.
dollars to cover their expenses.
Remember: inflation means the
dollar you own today is
less valuable than the same
dollar you held last week.
For
less than half the cost of a single coaching session, you're getting over 500
dollars of
valuable content that is going to skyrocket your gains.
They'll certainly consider them more
valuable, and may even be willing to pay a bit extra for those books — or maybe they'll expect books without LendMe to be priced a few
dollars less.
As inflation continues to rise (and it does, usually at a yearly rate of 1 — 3 percent), your
dollar becomes
less valuable.
Your stocks would be worth fewer
dollars only because those
dollars had become worth more, not because the stocks became
less valuable relative to other stuff.
especially
valuable in a split -
dollar business arrangement, equals the policy's face amount plus the adjusted total premium (total premiums paid,
less any partial surrenders).
Inflation also effectively trims the cost of your mortgage, because it allows you to pay off the loan with
dollars that are
less valuable.