How can that be if you already have a loan, but what you owe is worth less in real money because of hyper-flation?
I am guessing it is only good if salaries and wages have to be exponentially increased in order to keep up with inflation.
So, instead of owing $50,000 on that car, the dollar becomes worthless and I owe a fraction of that in real money.
Yes?
Yes.
Your wages would go up substancially but not your payments.