4%

6%

3%

5%

workers gain and employers gain

workers lose and employers lose

workers gain and employers lose

workers lose and employers gain

you will be paying the loan back with dollars that have much higher purchasing power than you had expected

you will be paying the loan back with dollars that have much less purchasing power than you had expected

you, the borrower, will gain from an intended redistribution of wealth

you will be paying the loan back with dollars that have the same purchasing power as the dollars you borrowed