Most of the mortgages here in South Africa are variable interest rate. So whenever the government wants to "fight" inflation, they raise the interest rate. They

Most of the mortgages here in South Africa are variable interest rate. So whenever the government wants to "fight" inflation, they raise the interest rate. They cause a huge increase in the amount I have to pay to service the debt, to the point where it makes more sense to sell off that debt and just hoard the money somewhere else. Just a small anecdote.