What Nobody Tells You About Buy Borrow Die
A Silent Enemy
A few weeks ago I was talking with a friend. An entrepreneur, well-positioned, with real assets. He was telling me enthusiastically how he had taken out a loan backed by his portfolio to buy a second property. He didn’t want to sell. He didn’t want to pay taxes. The logic was clean: asset as collateral, cheap debt, inflation erodes the liability over time.
I listened. Then I asked him one thing.
What if inflation doesn’t come back?
He went quiet.
That question is uncomfortable because it touches the invisible assumption holding the entire Buy Borrow Die strategy together: that money always loses value over time. That debt, in real terms, erodes on its own. That time works for the borrower.
It’s been true for fifty years. But it’s not a law of nature.
It’s a consequence of monetary design. And that design is being challenged by something central banks don’t control: technology.
Jeff Booth laid it out with brutal clarity in The Price of Tomorrow. His central argument is simple and disturbing: …
