Re:Venezuela’s Currency Has Had its Biggest Monthly Collapse
by sangnoir on Friday November 25, 2016 @06:29AM
(#13035949)
> Inflation reduces the value of things priced in the currency, so the 'mortgage' is a financial product and so is worthless
Not true, the price will go up to track currency devaluation unless the price was pegged via contract or legislation. Even bread will see its price go up many times in day
Not true, the price will go up to track currency devaluation unless the price was pegged via contract or legislation. Even bread will see its price go up many times in day