FlyerTalk Forums - View Single Post - The Euro; How low will it go & for how long?
Old Mar 6, 2008 | 10:03 pm
  #128  
Rebelyell
All eyes on you!
20 Years on Site
 
Join Date: Dec 2002
Location: Oxford, Mississippi
Programs: Delta Silver thanks to Million Miles; Choice Plat., point scrounger everywhere
Posts: 1,600
Originally Posted by mtacchi
Financiers lose unless they can re adjust interest rates.. which I believe is very likely.
There was actually a period in Inflationary Germany where there was talk of adjusting loans, and creditors were hiding from their debtors to keep them from paying off their loans before they could be adjusted. It was an unusual turn of events.
Rebelyell is offline