what i meant to say is that while i could only buy bread with that money, my mortgage will remain the same agreed price - right? so if for example the hyperinflation cranks up my salary to say 1.000.000$, and my mortgage is still 1.000.000 from when o got it, then i could pay it back with the one salary? or what ever amount my "sallary" would go up to. 5 trillion for all i care. the agreed upon mortgage stays nominally the same, because i don't see any contractual mechanism from the side of the bank to raise my mortgae proportionately if my contractual interest rate is bound for at least another 10 years or so... right? can anyone more financially literate bust my head cannon?
Germany