Compare these statements and get ready

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brianj
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Posts: 4066
Location: Vineyard, Utah

Re: Compare these statements and get ready

Post by brianj »

When hyperinflation happens, prices rise much faster than pay so good luck paying off your house that quickly.

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harakim
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Posts: 2819
Location: Salt Lake Megalopolis

Re: Compare these statements and get ready

Post by harakim »

brianj wrote:When hyperinflation happens, prices rise much faster than pay so good luck paying off your house that quickly.
If I prices rise quickly then I can sell my stuff for a lot of money which means I can pay off my house quickly. And it's unlikely that pay will rise so slowly it's not easy to cover my mortgage.

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