which are winners and which are losers

Determine if the people in the example have benefited (i.e., are winners) or have been harmed (i.e., are losers) by unexpected inflation. Winners Losers Answer Bank The United States federal government, which had almost $15 trillion in debt in 2011 Joy, who borrowed $40,000 to pay for her college education Herb, who keeps his savings in an old coffee can Karen, a retired school teacher who relies upon her fixed pension to pay for her expenses Third National, a bank that loaned many people money for home purchases