When inflation turns out to be different than expected,wealth is

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When inflation turns out to be different than expected, wealth is redistributed. This means that some individuals or groups may benefit from unexpected inflation while others may suffer. For example, debtors may benefit from inflation as the value of their debts decreases, while creditors may suffer as the value of their assets decreases. Similarly, workers whose wages are indexed to inflation may benefit from unexpected inflation, while those whose wages are not may see their purchasing power decrease. Overall, unexpected inflation can lead to a redistribution of wealth within a society.

When Inflation Turns Out to Be Different Than Expected,wealth Is