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NW Indiana | The better question is how wise is debt? If you can borrow money at a real interest below what an asset produces you literally can borrow yourself rich. Real interest is the nominal rate minus inflation. Now let’s plug in a true inflation number vs the government bs. The past 44 years in farming at least debt has been genius. I bought a farm in 2020 I still haven’t paid a dime for. As always timing is everything. | |
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How many debt free farmers?
