[gwjack]

Hi Al, I hope you are OK.

I’ve read that as hyperinflation approaches, one should not pay off the mortgage. The theory is that the Lender is contractually obligated to take what is owed. If the value of your dollars is inflated, you will pay off for a lower cost with cheap dollars.

Gwjack

[Zeneta]

close,

yes, in an inflation you should “lock in” your debt obligations as your costs are lower.

However, your dollars are NOT “inflated”. Your purchasing power is reduced. It is the opposite of what you said. But if you have locked in a contact, then that part becomes less expensive.

[Average Al]

That has always been the traditional approach. Money markets and interest rates are so low you are loosing money by not paying off your mortgage. If you put it in the stock market you can hope it will be keep going up with inflation but that isn't a sure thing either. Gold and silver seem to be rather flat these days so perhaps real estate and rental properties will be a better bet going forward.