Elderly on a fixed income 2. Renters who live in a rent controlled apartment 3. People who are paying on a loan with adjustable interest rates 4. Banks who are collecting on loans with adjustable interest rates Who is harmed the MOST during periods of unexpected inflation?

Answer rating: 100% (QA)

During periods of unexpected inflation different groups are affected in various ways While it is challenging to determine definitively who is harmed t... View the full answer