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Question:If you buy ......
 
rokybird Views: 1,244
Published: 16 y
 
This is a reply to # 1,361,181

Question:If you buy ......


a 500 k house now for say 250k with a 30 year mortgage and we have hyperinflation so that dollars are worth 10 cents and your job at burger king is now paying you 200 dollars an hour, can you pay off your house with those worthless dollars?

Or would the government make some new law that the bank can raise your payments to keep up with hyperinflation?

 

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