Imagine that you have a fixed 30-year interest rate for your mortgage, and the

Economics
Tutor: None Selected Time limit: 1 Day

 Imagine that you have a fixed 30-year interest rate for your mortgage, and the economy has experienced unanticipated inflation. Examine who the winner and loser would be. Is it the borrower or the lender in the given scenario? Provide support for your response.

May 21st, 2015

Anyone with large, fixed-rate mortgages benefit from higher inflation.They're going to be paying back with devalued dollars

"Theoretically, the value of equities varies directly and proportionally with inflation,



May 21st, 2015

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