Financing | Single-family house | Feasibility | 2nd rank

It may sound redundant if the immediate consequences are the same, but suitable terms are needed that are unambiguous.

I wrote nothing else :cool:

As already described, I still have to repay 2 [Grundschulden] of 100k each with the 300k. Therefore, I would only have 100k left and would then use this to repay the large main loan.

The total loan burden for the single-family house then amounts to 350k vs. 650k value. This is then a good basis for the follow-up financing :-)

The USA cannot become insolvent because they can print dollars as they want. right? The worst thing that can happen would be hyperinflation, right?

The last hyperinflation in the early 1930s plunged the world into the Second World War, and it originated from the relatively small Germany. What happens when the nation with the largest military power in the world descends into chaos... one would rather not imagine...

And printing money is not quite that simple, because China and others are creditors of the USA. They will not accept it if the USA prints worthless trillions of dollars to pay off the debts. Unfortunately, you imagine the world a bit too simply, dear HoppelHoppel...

The last hyperinflation in the early 1930s plunged the world into World War II, and it started from relatively small Germany. What happens when the nation with the largest armed forces in the world falls into chaos... one would rather not imagine...

And printing money is not so simple either, because China and others are creditors of the USA. They will not accept it if the USA prints worthless trillions of dollars to pay off the loans. Unfortunately, you imagine the world a bit too simply, dear HoppelHoppel...

There was no hyperinflation in the early 30s :D

And besides selling off its government bonds, China can't do much more...

As you wish. @nordanney, right?

Theoretically yes. But problematic, since

The worst that can happen would be hyperinflation, right?

that is very likely to happen. Because the USA does not "print" $. The Fed can buy government bonds and thus bring book money into the financial system. Consequence: more and more money, no real goods in return. Inflation up to hyperinflation possible. Or it can lend money to banks for further lending. Further consequences: loss of confidence in the USA and $. Flight from $, crashing $ exchange rate, sharply rising interest rates in the USA, as investors then demand payment for the enormous risk, and this causes the national debt to rise further and start over again – vicious circle. Oh yes, you can currently watch the further consequences in reality. Because exactly that is happening right now. Although not due to money printing, but because of politics.