Thank you, I will check out the link. I'm not familiar with derivatives or how they work. I will study up. At first thought I would think if the Fed did not want to stop deflation they would have let the banks fail and would have increased interest by now and stopped printing money??? I will...
Thank you. That is what I was thinking. You don't think there is any possibility of the US converting to a new world currency if our dollar crashes under hyperinflation and other countries dumping the dollar?
Thank for the two opposing replies. Those are the two delimmas I'm dealing with. With all the debt Obama and the congress are getting this country into right now in unsustainable amounts does anyone think there is any other way for the US to reduce its debt especially if the dollar is dumped...
Thank you for the reply. I guess I'm predicting the US will have to print its way out of debt especially if oil starts trading in a new world currency as is being seriously discussed. Nations will start dumping dollars and this will cause further hyperinflation with all those dollars in the...
I have been trying for the last 3 hours to find an answer to the following question:
What will happen to regular consumer loan balances, such as a person's mortgage, which has a fixed 30 year interest rate, if the dollar crashes or otherwise at least hyperinflates?
Such as in Zimbabwe...