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19 June, 02:43

3) Shawn just graduated from college. Why might Shawn benefit from rapid inflation in the economy?

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  1. 19 June, 06:25
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    Shawn just graduated from college. Why might Shawn benefit from rapid inflation in the economy? His student loans won't end up costing him as much in high inflation times. When there is high inflation, debt decreases at a much faster rate when there is little inflation. In this case, Shawn would benefit because the debt he accrued while in school will decrease faster.
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