This assignment requires the application of your understanding of the effects of inflation on different segments of society and motivates you to think about your own behavior during times of inflation.

Explain why you would rather be a borrower during a period of unexpected rising inflation, and a lender during a period of unexpected declining inflation.

The Learning Journal entry should be a minimum of 500 words and not more than 750 words. Use APA citations and references if you use ideas from the readings or other sources.