What happens to debts during hyperinflation?
🗣️ DISCUSSION 💬
Just trying to wrap my head around hyper-inflation. If the US Dollar goes the way of the German Mark from 1923 and the USD is worthless what does that do to existing debts? If I could walk out onto the street and scoop up $500,000 from the gutter could I pay off my house? I'm sure the banks that hold the mortgages have safe guards in place to protect them. What am I not understanding?
https://findbullionprices.com/closest-to-spot/
This is where I always go to find the best silver/gold prices. They compare every bullion dealer and show you the cheapest in a very simple breakdown.
Wish I had found this site years ago LOL
Awesome thanks for the link!