That was always one of the advantages of a mortgage that was commonly mentioned and promoted. That your monthly payment would be effectively pennies after 20 ye

That was always one of the advantages of a mortgage that was commonly mentioned and promoted. That your monthly payment would be effectively pennies after 20 years. Sustained low inflation meant that never came to pass. It was also one of the reasons for the Weimar Republic's hyperinflation. They started trying to inflate away some of the Versailles war reparations. Which got out of control, and then some.