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Why does inflation help debtors 2024?

Harper Patel | 2023-05-07 11:15:28 | page views：1454
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Isabella Wilson

Studied at the University of Buenos Aires, Lives in Buenos Aires, Argentina.
2. One important redistribution of income and wealth that occurs during unanticipated inflation is the redistribution between debtors and creditors. a. Debtors gain from inflation because they repay creditors with dollars that are worth less in terms of purchasing power.
2023-05-13 11:15:28
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Lucas Rogers

QuesHub.com delivers expert answers and knowledge to you.
2. One important redistribution of income and wealth that occurs during unanticipated inflation is the redistribution between debtors and creditors. a. Debtors gain from inflation because they repay creditors with dollars that are worth less in terms of purchasing power.
III. Effects of Inflation
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