Let's say you take out a credit right now and the euro crashes. What happens to that credit? Does it remain the same?
whats a credit
the fuck are you even trying to say?
>>1939738
He means probably a loan with credit.
>>1939738
it depends. some loans are secured in a way that they are bound to dollar. so if euro crashes the bank wouldn't make a loss.
>>1939738
Do you really think that the eternal merchant would let himself lose money?!
Good question it would be funny to ask for a loan then buy gold or invest it and if the yuro crashes and inflation goes off the roof just pay the loan with a convenient 5 million euro bill and let them keep the change for the good times when as a kid you believed in banks (kind of like santa)
>>1940521
No one in any appreciable amount will ever use precious metals as a currency ever again.
>>1941142
I think he's saying to buy the gold and then exchange a small portion of it for the money you owe since the Euro will be worthless if the EU collapses.
>>1941146
I understand the idea.