this post was submitted on 12 Nov 2025
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Chapotraphouse

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[–] chgxvjh@hexbear.net 16 points 4 days ago* (last edited 4 days ago) (1 children)

The bet is that there will be hyperinflation soon (and that you won't have to default on the loan), devaluing the money you'd owe the bank.

I have my doubt though that a 50 year loan would have fixed interest rates rather than being index adjusted or something like that.

[–] drinkinglakewater@hexbear.net 12 points 4 days ago (1 children)

Hyper inflation for the global reserve currency sure sounds like a good idea

[–] chgxvjh@hexbear.net 4 points 4 days ago

global reserve currency

Not for long