• I Cast Fist@programming.dev
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    6 hours ago

    I imagine the hyperinflation will be accompanied by hyper interest rates, just because. That way, every debt will balloon with prices and everyone will be in utter shit, except the lenders.

    • fishos@lemmy.world
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      5 hours ago

      Interest rates are locked in as part of the terms of the lending contract, unless you’re talking about adjustable rate mortgages, which I am not. You’re factually wrong here, sorry.