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2703: Why Paying Off the Mortgage Early May Be a Big Mistake by Len Penzo on How to Fight Inflation
Optimal Finance Daily - Financial Independence and Money Advice
Understanding Mortgage Dynamics in the Face of Hyperinflation
Exploring historical examples like Germany's hyperinflation, the chapter discusses how fixed-rate mortgage holders benefited as mortgage payments became nominal due to currency devaluation. It also highlights the advantage of paying off mortgages with depreciated currency during periods of high inflation.
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