Question:

What's the benefit of a high inflation rate (national level)?

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What's the benefit of a high inflation rate (national level)?

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3 ANSWERS


  1. Borrow lots and lots of money and pay it all back in worthless paper


  2. Great news if you owe money. You get to pay it back with worthless dollars.

    But for the economy overall, it spells doom.

  3. If inflation is high it means you gain money on saving.  High inflation also means that the dollar is weak which is good for currency speculation.

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