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Why inflation could create a ‘giant wealth transfer’ from lenders to borrowers

Jillian Berman  |  June 17, 2021

By Jillian Berman, includes “It’s not just individual borrowers who can benefit from inflation, governments with debt do too. In fact, historically, some governments have forced their central banks to increase the money supply to reduce the value of each unit of money in the country — essentially creating inflation — in order to bring down the value of the nation’s debt. … Still, inflation does pose a risk to the government’s priorities. … ”

Read the full article on: MarketWatch

 
 
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