Tag: Market Inflation
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Brace yourself, inflation could create a ‘giant wealth transfer’ from lenders to borrowers
One group of borrowers can count themselves as ‘lucky’ during periods of inflation. Higher prices for rental cars, airplane tickets and uncooked beef roasts have economists and consumers wondering whether we’re living through the start of an inflationary period. It remains to be seen whether these price hikes are just a temporary blip resulting from…