Dollar Devaluation Coming Soon

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#1 Mon, Oct 10, 2011 - 11:41pm
AngryCitizen
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Phoenix, AZ
Joined: Jun 15, 2011
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Dollar Devaluation Coming Soon

Hi Smart People,

I know you are here, and so I ask: What happens to my mortgage, (7 yrs old, fixed rate, 5%) when the $ is devalued?

Do I gain on this deal? If not, how can my contract, which is legally binding under the Constitution, be amended without my consent?

I only promised to pay back $, not gold, oil, or whatever.

Thanks for your smart answer!

Angry

Edited by: AngryCitizen on Nov 8, 2014 - 5:03am
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