What will happen to mortgages/other paper during hyper-inflation?

Reply Wed 31 Dec, 2014 09:19 am
Hi! If America sees one of the doomsday scenarios being promoted these days involving major or hyper inflation where dollar is devalued overnight, what will happen to the zillions of $$ of mortgages and other paper floating around the US/world? THANKS!!
  • Topic Stats
  • Top Replies
  • Link to this Topic
Type: Question • Score: 3 • Views: 1,160 • Replies: 2
No top replies

Reply Wed 31 Dec, 2014 09:33 am
There's been inflation here before (you may have heard of a little thing we call the 1970s). No doomsday, no wackiness, although people took advantage of it, and some didn't. Just like every other economic change in the history of this and every other country.
0 Replies
cicerone imposter
Reply Sun 25 Jan, 2015 12:36 pm
There seems to be many financial pundits who predict these doomsday scenario, even those who have been accurate in the past. Their ego makes them think they're infallible, but economics is an art, not science.
0 Replies

Related Topics

Where is the US economy headed? - Discussion by au1929
Debt consolidation - Question by rogers
Shopping Around For Loans - Question by Brandon9000
What is greed? - Discussion by Robert Gentel
bonds series h - Question by allen russell
Naked Short Selling - Question by optimus cubed
HOW TO GET WEALTHY - Discussion by farmerman
  1. Forums
  2. » What will happen to mortgages/other paper during hyper-inflation?
Copyright © 2021 MadLab, LLC :: Terms of Service :: Privacy Policy :: Page generated in 0.03 seconds on 06/19/2021 at 06:13:55