Why Do Rich People Borrow Money? - The Kris Krohn Show

What this episode covers

Rich people have no problem going into debt and borrowing money, and there are some very good reasons for that. It all comes down to arbitrage, which is the difference between what you’re earning and what the money costs. Kris Krohn explains how opportunity cost and cash flow motivate rich people to borrow money.

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Frequently Asked Questions

How long is this episode of The Kris Krohn Show?

This episode is 5 minutes long.

When was this The Kris Krohn Show episode published?

This episode was published on April 1, 2020.

What is this episode about?

Rich people have no problem going into debt and borrowing money, and there are some very good reasons for that. It all comes down to arbitrage, which is the difference between what you’re earning and what the money costs. Kris Krohn explains how...

Can I download this The Kris Krohn Show episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.