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Originally posted by fill0000
If a new currency comes into action, will debt simply be slated off? We owe about £30,000 more to the morgage, so this is debt, but how will this be put into a new currency, if the value of the dollar,euro and pound decends into a worthless or almost worthless currency then will my debt simply get given a new figure in a new foriegn currency? isn't this really bad for everyone? people may end up having to paying WAY more than they should be?!