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It is said that inflation redistributes wealth and hurts some people while helping others. Is this statement accurate? If so, who does it hurt/help, and

It is said that inflation redistributes wealth and hurts some people while helping others. Is this statement accurate? If so, who does it hurt/help, and how? Who does it favor/disfavor, and how? Note: this is a discussion, not a yes or no question (explain your position).

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