Creating Wealth Real Estate Investing with Jason Hartman cover image

1979: Police State, Digitizing The Dollar, SEC Attacks Crypto, Bank Bailouts, Clive Thompson

Creating Wealth Real Estate Investing with Jason Hartman

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The Importance of Fixed Interest Rates in a Crisis

Inflation is a transfer of wealth from lenders to borrowers, and that has happened throughout history. If you have a million dollars in mortgages, you're literally getting 90 to $170,000 a year paid off of that mortgage. I mean, it's just that inflation induced debt destruction is a fantastic deal. And if you have a mortgage, make sure your interest rate is fixed.

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