Who is likely to be helped by unanticipated inflation?

Question

Quizplus · Accepted Answer

Borrowers benefit from unanticipated inflation because they pay back loans with dollars that are worth less than when they borrowed them. Lenders, on the other hand, are hurt by inflation because they receive payment with dollars that are worth less than when they lent them out. All consumers and producers are not uniformly helped or hurt by inflation, as it can have different effects on different sectors of the economy.

Who Is Likely to Be Helped by Unanticipated Inflation