What would Hyperinflation mean for your Home Loan? (Mortgage)
With governments running up enormous fiscal deficits resulting in soaring national debts while Central Banks eagerly providing the liquidity through their digital currency printing there has been much talk of the prospect of hyperinflation or at the very least double digit inflation. In such a scenario what would this mean for mortgages and other debts? Well, the answer isn’t quite as straightforward as we may like to hear. We also consider three other forms of debt and the impact of hyperinflation on this debt.
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DISCLAIMER: Any advice given on my channel and videos is for information purposes only, and does not act as financial advice. Your financial decisions are your full responsibility, and if you are in any doubt, please contact a financial professional before undertaking any investment with your money or change to your financial activities.