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 Hyperinflation is a term to describe rapid, excessive, and out-of-control general price increases in an economy.Learn moreor 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.
Life Growth Academy is a new channel providing global macro insights to allow you to make informed investments decisions. The videos we consider represent your steps to succeeding in a world of crazed central banks and big governments.
Subscribe to my new channel on real world economic literacy.
_____________________________________________________________
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.