Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

Trending News

Promoted
NLBNLB
Lv 6
NLBNLB asked in Politics & GovernmentOther - Politics & Government · 8 years ago

Did inflation play in the past a larger role in redistributing wealth?

2 Answers

Relevance
  • marvinsussman@sbcglobal.net
    Lv 6
    8 years ago
    Favorite Answer

    Inflation always redistributes wealth from creditors to debtors in an amount proportional to the rate of inflation. Just google: history of inflation.

  • forceimustbebrief
    Lv 6
    8 years ago

    @ marvinsussman: ... if the inflation rate is higher than the interest rate.

    To the question: No.

Still have questions? Get your answers by asking now.