The way to win in fiat, is to take on the maximum amount of debt.
The trade off is, being in debt is bad for your nervous system, so while you will be rich in fiat, you will very likely be poor in the things that actually matter.
The way to win in fiat, is to take on the maximum amount of debt.
The trade off is, being in debt is bad for your nervous system, so while you will be rich in fiat, you will very likely be poor in the things that actually matter.
Lots of debt and indefinite deferral of taxes. Only has worked in, say, commercial real estate because the money is programmed to debase. And in the last 30 years, interest rates have only gone down, compressing cap rates and pumping everyone’s property values to absurd levels.