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Effect of inflation on lending
inflation

Effect of inflation on lending

Recently, I came across interesting economic phenomenon when inflation hits the economy. Usually when you lend someone money, you expect to get the exact amount back plus any interest. This is acceptable under regular circumstances, but when inflation hits, the purchasing power of money greatly reduces and if such money

  • Jayesh Kawli
Jayesh Kawli Dec 29, 2021 • 2 min read
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