2 ms·
I wonder - it seems like a hyperinflation spiral would actually benefit people who had, say, 30-year mortgages (not that I want that to happen).
by commandlinefan 7y ago
I wonder - it seems like a hyperinflation spiral would actually benefit people who had, say, 30-year mortgages (not that I want that to happen).
- vkou 7y agoUnless we print quadrillions and quintillions of dollars, we are not going to see hyperinflation. Nobody is actually planning on printing quadrillions and quintillions of dollars, so hyperinflation is a moot point.
- beckingz 7y agoTime to make it rain.
- munk-a 7y agoHyperinflation benefits no one - any slight advantage you might see out of it (like a large liability) is going to be entirely washed out by the absolute chaos your economy will be in - if there is rioting in the streets you might be able to forget about your mortgage, but your house might also be looted.