It’s pretty basic, if you owe $50,000 and the value of the dollar falls by 50% the value of what you owe falls in half. It’s obvious you’re an American or a Briton. Ask somebody from Argentina they’ll tell you how it works.

The problem arises when salaries or Social Security Payments do not rise to match the devaluation of money. If income rises to match devaluation and debt does not. You will have more money to pay debt off. Although the buying power of debt does not rise.