Economics

What Happens To Mortgages During Inflation?

During severe recessions, hyperinflation is common. Consumers and investors lose faith in the government and the national currency, and the situation worsens. Hyperinflation was defined by economist Philip Cagan in 1956 as a monthly inflation rate of more than 50%. Lenders and debtors are both affected by hyperinflation. Your actual debt-related expenses may increase or

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