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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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What happens to mortgages during hyperinflation?
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Poster Handle
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Mental Case |
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Post Content
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You just never know.
The bank could recall the loan immediately.
If it's an official government devaluation of currency then they MIGHT also index all debt to the percentage of devaluation.
If market forces devalue the currency then you MIGHT be able to pay off your mortgage with pocket change.
Hyperinflation is a wild animal & very unpredictable.
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