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Do people in debt benefit from inflation 2024?
inflation inflation inflation benefits
Questioner：Olivia Davis 2023-05-07 11:14:57
The most authoritative answer in 2024
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Charlotte Lee——Studied at the University of British Columbia, Lives in Vancouver, Canada.
If wages increase with inflation, and if the borrower already owed money before the inflation occurred, the inflation benefits the borrower. ... This results in less interest for the lender if the borrower uses the extra money to pay his or her debt early.read more >>+119962023-05-13 11:14:57
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