The SGT Report posted a “teaser” from their interview with Andy Hoffman. Enjoy!
This is truly the beginnings of what you call hyperinflation – and there’s no way back.
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Hi Andy,
I’m renting now and have the option of taking on a mortgage with a low down payment here in Canada. I already invested in some physical metal.
Knowing what is coming our way, financially and otherwise, would it be wise to take on a mortgage at this point in time? What would you do?
Thank you!
Miro
Miro,
This is a matter of personal preference. Some think mortgages will be a good thing to have in hyperinflation; but don’t realize the German government forced mortgages to be indexed to inflation. I wrote about this in “DEBT AND HYPERINFLATION.”
Personally, I DESPISE debt – and avoid it at all costs. However, for many, they find it to be a favorable choice.
Andy