#1 Mon, Oct 10, 2011 - 11:41pm
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: Angry Citizen on Nov 8, 2014 - 5:03am