Inflation and Borrowing
Inflation is so painful, but we often overlook the positive impact of inflation on borrowing. The government understands this and engineers inflation to lower it's cost of printing and borrowing money over time.
Here's a short video on the 'real cost of borrowing' over time.
If this has you curious - read this short 3 page paper that better explains your true cost of borrowing on a mortgage.
If you are a mortgage or financial professional and you'd like a copy of my Inflation and Borrowing spreadsheet to run your own calculations - please subscribe to our BLOG (it's FREE) and I'll send you a copy via email.