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Which Households Are Most Exposed to the Inflation “Tax”?
Abstract: The federal government benefits from unexpected bouts of inflation since the real value of its debt falls. However, this also hurts its debtholders.
Keywords: inflation; federal debt;
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https://www.stlouisfed.org/on-the-economy/2023/jun/which-households-most-exposed-inflation-tax
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Provider: Federal Reserve Bank of St. Louis
Source: On the Economy
Publication Date: 2023-06-27