> When you borrow money in a high inflationary environment, it's highly advantageous because you are using cheaper future money to pay back older expensive money. This is only true under the assumption that the *source* of the money that you are paying back the loan with appreciates. For example, consider taking out a loan that requires $1,000 monthly payments over 30 years. Assume that you pay back this loan with yo…
The effect of inflation is only relevant for home loans or for infrastructure projects like building bridges, buildings, factories, etc.