What happens to investments when a currency collapses?
Say the US dollar collapses. There is massive runaway inflation. My mortgage is still $xxx,xxxx. What does my employer pay me? How? Can I pay off my house now worth a couple ounces of gold converted to inflated US dollars? Did the bank just lose huge on their bet with me and millions of other homes for which they loaned money? What other factors should I consider?
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