Originally Posted by
No Free Beer
Well, it matters what it's for. If it's something I need, like a home for my family (which I doubt you can find for 100K), I would say no. I don't want 100,000 jsut to have 100K, even at 2.8%. That's stupid. Again, you seem to be promoting debt.
The only benefit I could see (maybe) is if you obtain a tax deductible because of it. And the only way I would accept that is if I truly SAVED money.
This is exactly the point I am trying to make. It seems as though Keynesians just say "hey, go get in debt, it's okay! Just look how great those rates are!!!" When, if I don't need it, why accept it?
I don't want to be a slave to anyone if I can help it.
And for you to imply that if I don't accept that, I am "irrational" is ridiculous.