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Old 09-20-2007, 07:01 PM
tolbiny tolbiny is offline
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Join Date: Mar 2004
Posts: 7,347
Default Re: Some scary stuff about the dollar

[ QUOTE ]
so i have a question...

if i am in a massive amount of debt (at a fixed interest rate), and the dollar suddenly gets totally devalued, this is a relatively good thing for me, right? i mean people who have a net worth >0 get fux0r3d, but my real debt actually shrinks!

[/ QUOTE ]

That's not really a question, but yes, your debt shrinks.
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