Who Wins and Who Loses With Inflation
Ones and Tooze
00:00
Interest Rates and Inflation Dynamics
This chapter explores the intricate relationship between interest rates and inflation, examining the effects of rate increases on consumer demand and economic stability. Historical instances, such as the Volcker shock, are analyzed to illustrate the consequences of policy decisions on inflation trends and purchasing power. The discussion also highlights the societal impact of inflation, identifying the winners and losers among different economic groups in the face of rising prices.
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