What Happens to Your Debt when the Dollar Dies
What will happen to your debt when the dollar finally meets its inevitable end?
Because debt is a legal contract that is denominated in a very specific number of dollars.
So how is everything handled when those dollars are no longer being used? Once another currency has taken its place?
Timecodes
0:00 Introduction
1:18 Types of Debt
1:43 Credit Card Debt
6:20 Auto Loans
8:11 Increase in Wages
12:20 Fixed Rate Debt
16:52 What Happens if the Currency Fails?
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#Debt #USDollar #CreditDebt
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