The benefit would be reduced, or possibly eliminated, by higher interest rates payable on loans, higher default rates and a further increase in bad debts.

贷款利息的增加、违约率的上升以及不良债务的进一步增多，会减少、甚至可能完全抵消通胀的有利影响。

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The benefit would be reduced, or possibly eliminated, by higher interest rates payable on loans, higher default rates and a further increase in bad debts.

贷款利息的增加、违约率的上升以及不良债务的进一步增多，会减少、甚至可能完全抵消通胀的有利影响。

youdao