We just learned that some family members had an adjustable rate mortgage. They bought at historically low interest rates and just refinanced with a fixed rate loan now that interest rates have more than doubled. It's astonishing how bad some people's financial sense can be.

Reply to this note

Please Login to reply.

Discussion

The central planners don’t care who gets rekt, they just don’t want people to wake up to their schemes. Sad when it’s people close to you but it’s on us to educate not just on Bitcoin but on the fiat system generally because you sure as shit don’t learn any of that in school