>>60905976
>what is /smg/ reaction to the accelerating death of the dollar as reserve currency
I'm glad I'm not JUST /smg/?
While markets are still the GOAT for long term compounded returns.
Leveraging up and borrowing with market assets is more risky and has more chance of blowups.
>Got a $500K biz loan at 3.75% and loaded up on inventory during the pandemic wind down. Fortunately the inventory that I carry is also made of PMs.
>Also bought some RE in 2024. $500K loan locked in 5.25% APR.
All in all the 2 loans combined will mean I owe about 2 million in interest and principal over the next 30 years. However, the home has already spiked like $300-400K. Meanwhile gold/silver have basically doubled since 2020/2021. That's before factoring in that some of the stuff was imported before and if I were to buy it now it would be even higher due to tariffs
At this point, inflation doesn't really hurt as much as it would for someone without loads of debt?
Also ICE deportations, import tariffs, and dollar devaluation will only make US homes more expensive as it kneecaps new supply and rises building costs.
It's mainly me not liking the folks in office acting like clowns, but Trump really helping out those with assets and those with real estate. Sure future costs of importing and dollar use overseas might be hurt, but that's a later problem and could be solved by moving further down the world development ladder (vacay to Vietnam/Thailand instead of say Taiwan/Japan).
