So here I am, working on some reports about the properties I’ve got listed, and to cut down the monotony, I browse news web sites from time to time, to keep up on what the corporate media would have me believe today.
…Sure, when I was 7, I didn’t know what malaise was, but I kind of got the vibe that things weren’t as groovy on Main Street as they were on the dance floor like in Saturday Night Fever .
…I mean, if inflation kicks up (and it looks like it is), then what does that do to the real value of your debt?
…Of course, it’ll probably wreak havoc with the rest of the economy and probably people will be squeezed even harder for food, utility, gas prices, etc. such that they’ll end up having trouble making their mortgage payments, even if they become increasingly, relatively speaking, affordable.