/biz/ - Business & Finance

Does anyone have any recommended reading about what inflation does to credit/mortgage?
And I'm not talking about
>Muh Weimer you could buy a house and a underage virging for a gold coin!!
>In Venzuela 1 Oz of silver buys you an appartment!!
hearsay, but I'm more interested in more recent, relevant examples.
I.e. the high-inflation phase in the 70s, or Turkey nowadays, which, while a shithole, of course, is still a somehwat working, civilized country.
Assuming a wage-prize spiral and a fixed interest, will my, say, € 500k mortgage I'm taking now always stay at this amount of Euros (eg. €500k this year, €450k next year, €400k the following year, and so on), even if those €400k in two years might only be "worth" the equivalent of, say €50k this year?
Or will the bank say
>sorry, as you've seen, our money isn't worth much anymore, now you gotta repay us €5 million!
What I'm trying to ask is, can I take a loan to buy a house now and just hope that inflation will pay a good chunk of my house?