"If inflation is fully anticipated by all parties, the redistributional effects would be minimal. It's the fact that inflation surprises us that causes there to be winners and losers." Comment. Which costs still occur even with fully anticipated inflation?

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The Answer of "If inflation is fully anticipated by all parties, the redistributional effects would be minimal. It's the fact that inflation surprises us that causes there to be winners and losers." Comment. Which costs still occur even with fully anticipated inflation?

"If Inflation Is Fully Anticipated by All Parties, the Redistributional